PANews reported on September 20 that a Texas court dismissed Consensys' lawsuit against the U.S. Securities and Exchange Commission (SEC) and Chair Gary Gensler. The lawsuit, originally filed in April, accused the SEC of investigating Ethereum and issuing Wells notices to the company behind MetaMask, warning of potential enforcement action for its MetaMask Swaps and Staking products due to alleged violations of federal securities laws.

Judge Reed O'Connor ruled that the SEC's enforcement action did not constitute a final agency decision, thus dismissing the claims regarding MetaMask. Additionally, the allegations about Ethereum were deemed moot as the SEC concluded its investigation of ETH during the summer.