• SEC, EtherDelta founder settle charges over operating unregistered exchange

    5 days ago - By Reuters

    The U.S. Securities and Exchange Commission said on Thursday it settled charges against Zachary Coburn, the founder of cryptocurrency token trading platform EtherDelta, over operating an unregistered securities exchange.
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  • SEC charges EtherDelta founder with running unregistered securities exchange

    SEC charges EtherDelta founder with running unregistered securities exchange

    5 days ago - By The Next Web

    In what could prove to be a groundbreaking case, the US Securities and Exchange Commission has charged the founder of cryptocurrency trading platform EtherDelta, Zachary Coburn, with running an “unregistered national securities exchange.” The order claims EtherDelta facilitated more than 3.6 million orders for ERC20 tokens , many of which purportedly fall under local federal securities laws. “EtherDelta offered trading of various digital asset securities and failed to register as an exchange or operate pursuant to an exemption,” the order reads. The filing further notes that EtherDelta...
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