Joseph Lubin, co-founder of Ethereum and CEO of blockchain agency ConsenSys.Riccardo Savi | Getty Pictures for Concordia SummitCrypto agency Consensys has been added to the SEC’s record of targets, because the regulator continues its industrywide crackdown.The Securities and Change Fee on Friday sued Consensys in federal courtroom in Brooklyn, New York, over allegations that the corporate “engaged within the provide and sale of securities” and “acted as an unregistered dealer” by way of its digital asset pockets known as MetaMask.”Consensys violated the federal securities legal guidelines by failing to register as a dealer and failing to register the provide and sale of sure securities,” the courtroom submitting alleges.In April, Consensys, which supplies blockchain software program, tried to preempt the SEC’s motion with its personal lawsuit in Texas, alleging overreach on the a part of the regulator. The ten-year-old firm stated its swimsuit adopted three subpoenas issued final yr, plus a Wells discover from the SEC that claimed Consensys was violating federal securities legal guidelines.Thus far this yr, the SEC has despatched Wells notices, filed lawsuits, or reached settlements with a number of crypto companies targeted on ethereum and decentralized finance, together with ShapeShift, TradeStation and Uniswap. The company can also be reportedly investigating the Ethereum Basis.Lower than two weeks in the past, Consensys declared victory in its combat with the SEC.”The Enforcement Division of the SEC responded by notifying us that it’s closing its investigation into Ethereum 2.0 and won’t pursue an enforcement motion towards Consensys,” the corporate wrote in a press release June 18.A Consensys spokesperson stated in an emailed assertion Friday that the motion is a part of an “anti-crypto agenda” on the SEC.”That is simply the newest instance of its regulatory overreach — a clear try to redefine well-established authorized requirements and broaden the SEC’s jurisdiction through lawsuit,” the corporate stated. “We’re assured in our place that the SEC has not been granted authority to control software program interfaces like MetaMask.”The spokesperson added, “We’ll proceed to press our case in Texas in addition to defend this new case in New York.”Don’t miss these insights from CNBC PRO