Vitalik Buterin Thanks SEC for Not Suing Ethereum Foundation

Gushing with gratefulness in a personally-penned letter Tuesday, Ethereum founder Vitalik Buterin sent a thank-you to the U.S. Securities and Exchange Commission (SEC) in appreciation of their choice to thus far not pursue him or the Ethereum Foundation for “obvious” securities violations.

“It's really so wonderful,” said Buterin, squirming in his seat with joy as he spoke to XRP_Productions reporters. “I mean... we held an ACTUAL ICO and clearly raised funds as investment contracts. But the SEC goes after Ripple and we get off Scot-free! They are so magnanimous!”

Vitalik Buterin announcing the Ethereum Foundation's fund-raising plan to get Ethereum up and running in 2014. The founder is “overjoyed but also a bit shocked” that the SEC has never pursued him or the foundation for securities violations.

The blockchain wunderkind is not alone in his appreciation for the SEC's choices, with communist leaders in China similarly expressing their thankfulness.

“Thank so greatly,” said Xi Jinping, General Secretary of the Communist Party of China, President of the People's Republic of China, and Chairman of the Central Military Commission. “By SEC attack Ripple and XRP and not Ether and Bitcoin, allows China to take great benefit. Much appreciation. Much love to SEC.”

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