<ul><li>New York sought the SEC's backing to classify Ether as a security in the KuCoin case.</li><li>Coinbase’s FOIA request unveiled the SEC’s reluctance to classify Ether as a security.</li><li>After operating without state registration, KuCoin settled with New York for $22M.</li><li>Internal documents revealed the SEC's hesitancy to declare Ether as a security, adding to regulatory confusion in the cryptocurrency industry.</li></ul>

New York’s Attempt to Classify Ethereum as a Security Faces SEC Pushback

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