Tag: file

Former ConsenSys employees file for audit claiming ‘serious irregularities’

[ad_1] A group claiming to represent 35 former ConsenSys AG (CAG) employees has requested an audit under the Swiss Code of Obligations to investigate “serious irregularities” they allege that occurred in mid-2020. CAG, also known as Mesh, is the company behind top Ethereum-based wallet provider MetaMask and was founded by Joseph Lubin, who is also the co-founder of Ethereum. According to a press release, the group of employees who claim to represent around 50% of all known shareholders submitted the request to a Swiss Court on March 1. The group…

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VanEck and ProShares file for ETH futures ETFs

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[ad_1] Two more Ethereum-based exchange-traded funds have been filed this week bringing the total to 23 crypto ETF filings so far in 2021. VanEck and ProShares are the latest two firms to reveal plans for institutional products focused on Ethereum. According to filings with the U.S. Securities and Exchange Commission on Aug. 18, VanEck is seeking to launch an “Ethereum Strategy ETF”, while ProShares is calling its proposed product the “Ether Strategy ETF”. Both ETFs aim to provide exposure to Ethereum by investing in ETH futures contracts in addition to…

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