Join the private Bitcoin forum:https://www.bitcoinuniversity.com/bitcoin-forumIn this video, I discuss what looks like an impending lawsuit by the SEC against the Ethereum Foundation and ETH insiders.The Ethereum Foundation appears to have received a subpoena from Swiss regulators, and various US sources are confirming that the SEC is preparing an attack on Ethereum and possibly even on all proof of stake coins.This is very bad news for other proof of stake coins that also came with a large premine like Cardano (ADA).Because of this ongoing investigation, it seems likely that the ETH ETF will be delayed until at least after the US elections, and probably indefinitely. Is it even possible to issue an ETF that is backed by unregistered securities in the US?Bitcoin remains in a class of its own, without competitors. There simply is no second best. Not investment advice! Consult a financial advisor.Ethereum ETF Coming Soon?https://www.youtube.com/watch?v=lPC-TyVEagY&ab_channel=BitcoinUniversityHuge differences between BTC and ETH:https://twitter.com/MacB10101/status/1766926695825604612SEC delaying decision on ETH ETFs:https://www.theblock.co/post/283519/sec-delays-making-a-decision-on-the-hashdex-and-ark-21shares-ethereum-etfshttps://www.theblock.co/post/283769/sec-delays-decision-on-vaneck-spot-ethereum-etf-asks-for-public-commentsEthereum community in disbelief:https://twitter.com/RyanSAdams/status/1770471442590609843Ethereum "Merges" With The SEC:https://www.youtube.com/watch?v=t0VRbQ2njxQ&ab_channel=BitcoinUniversityProof of security? Gensler eyes proof of stake after The Merge:https://www.theblock.co/post/172097/proof-of-security-gensler-eyes-proof-of-stake-after-the-mergeEthereum Foundation has received a confidential inquiry from a state authority, shows GitHub commit:https://www.theblock.co/post/283686/ethereum-foundation-has-received-a-confidential-enquiry-from-a-state-authority-shows-github-commitSEC probing crypto companies in Ethereum investigation as hopes for ETF dim:https://fortune.com/crypto/2024/03/20/sec-gary-gensler-ethereum-security-commodity-crypto-foundation/Ethereum Foundation Faces Inquiry From a Government:https://www.coindesk.com/business/2024/03/20/ethereum-foundation-under-investigation-by-state-authority/Gensler happy to sue no matter what:https://twitter.com/AP_Abacus/status/1770572310283436137OFAC:https://en.wikipedia.org/wiki/Office_of_Foreign_Assets_ControlEthereum validators already imposing OFAC censorship:https://www.mevwatch.info/ETH never flipped BTC:https://coinmarketcap.com/ I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos. My opinion is not for sale. Please do not contact me with any affiliate or advertising deals. #Bitcoin #ethereum #sec Disclaimer Neither Bitcoin University, nor any of its directors, officers, shareholders, personnel, representatives, agents, or independent contractors (collectively, the “Operator Parties”) are licensed financial advisors, registered investment advisors, or registered broker-dealers. None of the Operator Parties are providing investment, financial, legal, or tax advice, and nothing in this video, on this YouTube channel, or at www.Trader.University or www.BitcoinUniversity.com (henceforth, “the Sites”) should be construed as such by you. This video, channel, and the Sites should be used as educational tools only and are not replacements for professional investment advice. Trading or investing in new and v