Did The US SEC Just Endorse Ethereum After This Settlement?

On May 30, the United States Securities and Exchange Commission (SEC) announced that Ishan Wahi, the former Coinbase product manager, and his brother, Nikhil Wahi, had agreed to settle charges brought forth by the regulator accusing them of engaging in an insider trading scheme.
SEC Settlement With Former Coinbase Product Manager
In this way, the two defendants also agreed that their actions violated Section 10(b) of the Securities Exchange Act. 
Accordingly, Ishan has been sentenced t