General Counsel of Compound: Requesting the Ethereum Foundation to disclose the status of ETH sales is equivalent to considering ETH as a security

Compound General Counsel Jake Chervinsky tweeted: "U.S. law requires 'insiders' to publicly disclose certain securities transactions, but does not require disclosure of non-secure commodity transactions (no one will). Therefore, the Ethereum Foundation The statement of its ETH sales should be disclosed, which basically means that 'ETH is a security', but the packaging is different. "