Oh wow, I missed that. Crazy, but tbh, not unexpected

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Aftersome research (90secs), it appears the headline was clickbait. Keyword: allegedly...

https://finance.yahoo.com/news/york-attorney-general-alleges-ether-204021066..

More context:

> Jamesโ€™ suit argues that ether is considered a security under the Martin Act โ€“ a 102-year-old New York anti-fraud law that gives the Attorney General powers to investigate securities fraud and bring both civil and criminal actions against violators โ€“ because the value of ether is dependent on the efforts of others, including co-founder Vitalik Buterin.