Zcash Foundation: SEC Closed its 2023 Probe into Privacy Coin
Cointelegraph
The Zcash Foundation announced the SEC concluded its 2023 investigation into Zcash without pursuing enforcement action.Summary
The Zcash Foundation confirmed that the U.S. Securities and Exchange Commission (SEC) has closed its investigation into the privacy coin Zcash (ZEC) that began with a subpoena in August 2023. The foundation stated that the SEC concluded its review concerning "a matter of certain crypto asset offerings" and will not recommend any enforcement actions or changes. The foundation views this outcome as a reflection of its commitment to transparency and compliance. The article also briefly notes that under the current administration, the SEC has dropped several probes into crypto companies.
(Source：Cointelegraph)