The U.S. Securities and Exchange Commission (SEC) said it settled charges against Zachary Coburn, the founder of cryptocurrency token trading platform EtherDelta, over operating an unregistered securities exchange. The vast majority of the orders placed through EtherDelta’s platform were traded after the SEC had issued its 2017 report, in which the agency concluded that certain digital assets were securities and that exchanges that offered trading in these digital assets would be subject to the SEC’s registration rules.
Read the article: Reuters
