News: The Ethereum Foundation is under investigation by a country. The reasons are confidential and not disclosed.

According to Coindesk, the Swiss headquarters of the Ethereum Foundation is currently under investigation by a country’s agency and has uploaded relevant records to the Github database. Although the investigation is subject to a confidentiality agreement, the specific reasons and purpose of the investigation remain unclear. As of now, the Ethereum Foundation has not responded to this matter.

Eleanor Terrett, a Fox business reporter who focuses on encryption, also tweeted about this, but it was deleted by me within a minute.

The common market judgment is that the U.S. SEC is reviewing the ETH spot ETF and conducting an investigation.

The price of Ethereum (ETH) has retreated by about 1.3% in the past 24 hours. After the news spread, it caused a short-term convergence and is now at $3,321.

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