November 08, 2018 BY LeapRate Staff

ERC20 platform EtherDelta's founder Zach Coburn charged with operating an unregistered exchange

The U.S. Securities and Exchange Commission (SEC) today announced settled charges against Zachary Coburn, the founder of EtherDelta, a digital "token" trading platform. This is the SEC's first enforcement action based on findings that such a platform operated as an unregistered national securities exchange. According to the SEC's order, EtherDelta is an online platform for secondary market trading of…

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