SEC targets Decentralized Exchanges and ICO Projects

The U.S.
Securities and Exchange Commission (SEC) continues its drive to “clean up” the
cryptocurrency sector and has entered into settlements with EtherDelta founder Zachary
Coburn as well as the former ICO projects Airtoken and Paragon. The subsequent rulings
have cast doubt on the legitimacy of similar ICO projects and on the future of decentralized
exchanges (DEXs).
Unregistered Securities Exchange
The SEC has charged Zachary
Coburn, the founder of the digital token trading platf