EtherDelta Founder Charged for Operating Unregistered Exchange

EtherDelta Founder Charged for Operating Unregistered Exchange

The founder of cryptocurrency exchange EtherDelta, Zachary Coburn has been charged by the U.S. Securities and Exchange Commission (SEC) for operating an unregistered securities exchange. The co-director of the SEC’s Enforcement Division, Steven Peikin commented, “We are witnessing a time of significant innovation in the securities markets with the use and application of distributed ledger technology.”

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