Ethereum Foundation Under Investigation by Unnamed State Authority Amid Major Upgrade

• The Ethereum Foundation is under investigation by an unnamed "state authority" according to the group's GitHub page • The investigation comes amid Ethereum's Dencun upgrade and as investors await a decision on Ether ETF applications • The Ethereum Foundation previously had a warrant canary on its site indicating it had never received a secret subpoena • The warrant canary and previous disclosure were removed in a Feb 26 GitHub commit • A familiar attorney speculates the Swiss regulator may be working with the SEC ahead of a May 23 deadline for Ether ETF applications