Ethereum's Cofounder Says SEC Is 'Gaslighting' Everyone About Crypto (wired.com)

Simple question: Why is Ethereum refusing to register ETH as a security?

Plaintext, works where archive.is is blocked:

   x=http://www.wired.com/story/ethereums-co-founder-says-sec-is-gaslighting-us-about-crypto/
   tnftp -o/dev/stdout $x \
   |busybox grep -o articleBody\":\".*\"isBasedOn \
   |busybox sed 's/.\{14\}//;s/.\{12\}$//;s/\\n/@@/g' \
   |busybox tr @@ '\n' \
   |busybox fold -s > 1.txt

   less 1.txt