I think you are mistaken about Ethereum being classified as a security. This is just a quick Google search for the first result but: > On Thursday, June 14, 20

I think you are mistaken about Ethereum being classified as a security. This is just a quick Google search for the first result but: > On Thursday, June 14, 2018, the U.S. Securities and Exchange Commission’s (SEC) Director of Corporate Finance, William Hinman (Hinman), announced that the commission would not be treating Ether or Bitcoin as securities. The SEC’s announcement is in line with the recent comments of SEC Chairman, Jay Clayton, who recently noted the difference between cryptocurrencies and digital tokens, saying that cryptocurrencies as “replacements for sovereign currencies” were not securities, while digital assets revolving around a venture are often securities. https://cassels.com/insights/sec-declares-bitcoin-and-ether-as-non-securities/#:~:text=On%20Thursday%2C%20June%2014%2C%202018,Ether%20or%20Bitcoin%20as%20securities https://cassels.com/insights/sec-declares-bitcoin-and-ether-.... Maybe you meant to say that it just escaped being classified as a security, but as far as I can tell it's a commodity at present.