FILE PHOTO: The seal of the U.S. Securities and Exchange Commission (SEC) is seen at their headquarters in Washington, D.C., U.S., May 12, 2021. REUTERS/Andrew Kelly/File Photo
WASHINGTON (Reuters) - The U.S. Securities and Exchange Commission on Friday sued cryptocurrency firm Consensys, alleging it has failed to register as a broker through its MetaMask swaps service.
Consensys also failed to register the offer and sale of certain securities through its crypto staking programs, which allow users to lock up tokens for a certain period of time in exchange for yield, the SEC said.
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