Etherdelta Founder Fined $400K for Operating Unregistered Securities Exchange - by Kai Sedgwick

[nandibear]

Etherdelta Founder Fined $400K for Operating Unregistered Securities Exchange
news.bitcoin.com
by Kai Sedgwick
November 8, 2018

Excerpt:

The U.S. Securities and Exchange Commission has published details of a cease and desist order it has taken against Zachary Coburn, the operator of Etherdelta. The decentralized ER20 token exchange was the leading Ethereum DEX during its peak, executing more than 3.6 million orders. According to the SEC, many of those orders were for unregistered security tokens.

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Read entire article: news.bitcoin.com/etherdelta-founder-fined-400k-for-operating-unregistered-securities-exchange/