The Ethereum Foundation (EF) is being investigated by an unknown government agency. The investigation is confidential, so the details are not known.
Warrant Canary Removed
The EF has removed its “warrant canary” from its website. This is a signal that the foundation has been subpoenaed by the US government. A warrant canary is a way for organizations to show that they have not received any secret subpoenas.
Speculation and Uncertainty
The investigation has led to speculation and uncertainty within the Ethereum community. Some people believe that the investigation is related to the recent delay in Ethereum Exchange-Traded Funds (ETFs). Others believe that it is related to the SEC’s concerns about Ethereum’s decentralization.
Market Impact
The investigation has had a negative impact on the price of Ethereum. The price has dropped by 4% in the last 24 hours. However, it has since recovered to $3,289.
Conclusion
The investigation is ongoing, and it is not clear what the outcome will be. The EF has not provided any details about the investigation, and the government agency has not commented. The situation is still developing, and more information is expected to be released in the coming days.
