Post
Topic
Board Legal
Re: Sec and EtherDelta
by
marcbitcoins
on 15/11/2018, 11:18:24 UTC
"Washington D.C., Nov. 8, 2018 —
The Securities and Exchange Commission 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."

Do you guys really think sec has any case against EtherDelta founder?

https://www.sec.gov/news/press-release/2018-258

The government site is legit so probably this is true that maybe Etherdelta is not truly registered and not recognized by SEC. I did not know if Etherdelta was base in the USA so i guess with their popularity they could be easily trace their country of origin. We should wait for the update of this report so better we should not keep our crypto assets in Etherdelta wallet.