The 9th US Circuit Court of Appeals rejected a lawsuit by Hodl Law against the SEC seeking to force the SEC to clarify its classification of ETH. Hodl Law failed to demonstrate a "real danger" of SEC enforcement action for its use of Ethereum and its tokens. The court found that the SEC had not recognized ETH as a security and that Hodl Law had failed to provide evidence that the SEC had taken "final institutional action". Although the SEC has approved spot ETH ETFs, the legal status of ETH rema...