The SEC and CFTC are meeting on May 7th to discuss whether or not ether (Ethereum) is a security, due to it's 2014 pre-sale ICO that raised $18 million. If deemed a security, it would likely be catostrophic for the price of ETH, as well as many other ERC-20 tokens, and even potentially Bitcoin and other Proof of Work coins.
Cointelegraph article on Ether being a security
https://cointelegraph.com/news/it-never-was-a-security-ethereum-under-the-regulatory-spotlight
CoinCenter article "No, no ether is not a security"
https://coincenter.org/entry/no-ether-is-not-a-security
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Secure your Crypto with a Ledger Nano S:
Amazon (faster shipping):
https://cryptobobby.com/ledger-amazon
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Portfolio Tracking:
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CoinTracking.info - https://cryptobobby.com/cointracking
Bitcoin.tax - https://cryptobobby.com/bitcointax
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** This is not financial advice and these are simply my own opinions, as such, this should not be treated as explicit financial, trading or otherwise investment advice. This is not explicit advice to buy these cryptos, do you own research.**