New York Attorney General claims that Ethereum is a security in Kucoin lawsuitHappened on March 9th, 2023
In a lawsuit against KuCoin, NYAG states "Buterin and the Ethereum Foundation retain significant influence over Ethereum and are often a driving force behind major initiatives on the Ethereum blockchain that impact the functionality and price of ETH" This caused a drop in ETHUSD price by 8.92%.