New York Attorney General Alleges Ethereum Tokens are Securities in Lawsuit Against KuCoin Crypto Exchange - Crypto Clampdown Incoming?

New York Attorney General Letitia James referred to Ethereum's native ETH token and other cryptocurrencies as "securities and commodities" in a statement issued in relation to her lawsuit against crypto exchange KuCoin. In the statement, Attorney General James said KuCoin has facilitated trading in a number of cryptocurrencies to residents in New York, where the platform is not registered as required by law....