Tag: Unregistered Securities Exchange

SEC Charges EtherDelta Founder with Operating an Unregistered Securities Exchange
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SEC Charges EtherDelta Founder with Operating an Unregistered Securities Exchange

As of November 8th 2018, the SEC has charged EtherDelta founder Zachary Coburn with operating an unregistered exchange. Despite EtherDelta functioning as a decentralized, ERC-20 token trading platform, they were charged with facilitating the trade of assets classified as securities without following the required steps outlined by the SEC. Details of EtherDelta’s Charges Explained The…