In 2018 Bill Hinman said ETH isn’t a security and Jay Clayton agreed. But just weeks ago, Hinman filed a sworn affidavit in Court saying the SEC still has “not taken any position or expressed a view” on ETH’s status…so how is the market supposed to have clarity?!
I agree with @GaryGensler 100% that Ethereum had an ICO Presale in 2014. I just can't figure out why the SEC didn't enforce the law from 2014-2018 and let multiple ICOs launch on Ethereum during that time. How is that protecting investors?