Former Twitter CEO Claims Ethereum Is A Security, Will This Affect Prices?

Jack Dorsey, the former CEO of Twitter, while replying to a comment on June 6, alleged that Ethereum (ETH), the world’s second-largest cryptocurrency exchange, is a security under United States laws. 
This controversially implies that holders of ETH should, as directed by law, comply with rules enforced by the Securities and Exchange Commission (SEC).
Dorsey Claims Ethereum Is A Security
Dorsey, a known Bitcoin supporter and the CEO of Square Inc, a financial service company that