SEC SETTLES WITH UNREGISTERED CRYPTO-SECURITIES EXCHANGE ETHERDELTA
The U.S. Securities and Exchange Commission (SEC) settled charges against Zachary COBURN, the founder of the decentralized Ethereum exchange (DEX) EtherDelta, a token trading platform. This is the SEC’s first enforcement action against such a platform operating as an unregistered national securities exchange. Specifically, the trading with DAO token was mentioned as a reason for the enforcement …
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