{"id":11816,"date":"2024-03-20T20:12:32","date_gmt":"2024-03-20T18:12:32","guid":{"rendered":"https:\/\/forklog.com\/en\/ethereum-foundation-allegedly-receives-confidential-request-from-unnamed-state-authority\/"},"modified":"2024-03-20T20:12:32","modified_gmt":"2024-03-20T18:12:32","slug":"ethereum-foundation-allegedly-receives-confidential-request-from-unnamed-state-authority","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/ethereum-foundation-allegedly-receives-confidential-request-from-unnamed-state-authority\/","title":{"rendered":"Ethereum Foundation Allegedly Receives Confidential Request from Unnamed State Authority"},"content":{"rendered":"<p>The Ethereum Foundation, a non-profit organization registered in Switzerland, has reportedly received a confidential request from an unnamed &#8220;state authority,&#8221; according to <a href=\"https:\/\/www.coindesk.com\/business\/2024\/03\/20\/ethereum-foundation-under-investigation-by-state-authority\/\">CoinDesk<\/a>.<\/p>\n<p>A <a href=\"https:\/\/github.com\/ethereum\/ethereum-foundation-website\/commit\/769b30603504b4b5e8f601f8014691a8d1821390\">commit<\/a> on GitHub dated February 26, 2024, indicates that the website&#8217;s source code was altered following a &#8220;voluntary request from a state authority, which included a confidentiality requirement.&#8221;<\/p>\n<p>The content of this request and the jurisdiction of the contacting authority remain unknown.<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh7-eu.googleusercontent.com\/iiPQ1y8NT5m0DczHA9du13v3x6vD3mU_A_F5SnOsQIeMaPa8muIEE5hb9TdvYTUDXPv4KN_ZoYnRJ0RTtLGKzKhysHPON0-LGkqZj9Gj2LMIrdGTRQBMrbxoGpi9vbgNP2OKiOEZWaywYFvC_B5wfXg\" alt=\"\u0421\u041c\u0418: Ethereum Foundation \u043f\u043e\u043b\u0443\u0447\u0438\u043b\u0430 \u043a\u043e\u043d\u0444\u0438\u0434\u0435\u043d\u0446\u0438\u0430\u043b\u044c\u043d\u044b\u0439 \u0437\u0430\u043f\u0440\u043e\u0441 \u043e\u0442 \u043d\u0435\u043d\u0430\u0437\u0432\u0430\u043d\u043d\u043e\u0433\u043e \u0433\u043e\u0441\u043e\u0440\u0433\u0430\u043d\u0430\"\/><figcaption class=\"wp-element-caption\">Part of the source code that was edited. Data: GitHub Ethereum Foundation.<\/figcaption><\/figure>\n<p>A disclaimer with the following information was removed from the site:<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>&#8220;No agency has ever contacted the Ethereum Foundation in a manner that required non-disclosure of the contact. The Ethereum Foundation will publicly disclose any requests from state authorities that go beyond ordinary business operations.&#8221;<\/p>\n<\/blockquote>\n<p>According to <a href=\"https:\/\/fortune.com\/crypto\/2024\/03\/20\/sec-gary-gensler-ethereum-security-commodity-crypto-foundation\/\">Fortune<\/a>, the request may originate from the U.S. Securities and Exchange Commission (SEC). Several unnamed American companies have informed journalists that they received subpoenas regarding the classification of Ethereum as a security.<\/p>\n<p>The SEC declined to comment on the existence or absence of a potential investigation into the Ethereum Foundation. Representatives of the foundation have also not made any official statements regarding the situation.<\/p>\n<p>Earlier in March, Grayscale and Coinbase discussed with the regulator the conversion of ETHE into a spot Ethereum ETF.\u00a0<\/p>\n<p>The race to launch exchange-traded funds based on the second-largest cryptocurrency by market capitalization also includes <a href=\"https:\/\/forklog.com\/en\/news\/franklin-templeton-seeks-approval-for-spot-ethereum-etf\">Franklin Templeton<\/a>, <a href=\"https:\/\/forklog.com\/en\/news\/vaneck-submits-revised-application-for-spot-ethereum-etf\">VanEck<\/a>, BlackRock, Fidelity, and <a href=\"https:\/\/forklog.com\/en\/news\/sec-postpones-decision-on-invesco-and-galaxys-spot-ethereum-etf\">Invesco with Galaxy<\/a>.<\/p>\n<p>Previously, U.S. senators urged the SEC not to approve new crypto ETFs, citing &#8220;enormous risks&#8221; associated with this instrument.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Ethereum Foundation, a non-profit organization registered in Switzerland, has reportedly received a confidential request from an unnamed &#8220;state authority,&#8221; according to CoinDesk. A commit on GitHub dated February 26, 2024, indicates that the website&#8217;s source code was altered following a &#8220;voluntary request from a state authority, which included a confidentiality requirement.&#8221; The content of [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":11815,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[569,46,1456,128,1419],"class_list":["post-11816","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-etf","tag-ethereum","tag-github","tag-sec","tag-source-code"],"aioseo_notices":[],"amp_enabled":true,"views":"20","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/11816","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=11816"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/11816\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/11815"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=11816"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=11816"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=11816"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}