Zcash: SEC Probe? Fuggedaboutit! 🤪

So, the SEC, those lovely folks, decided to poke around the Zcash Foundation for two whole years. Two years! Like they didn’t have better things to do, like auditing Dogecoin or trying to understand NFTs. And what did they find? Nothing! Zilch! Nada! They closed the probe without a single penalty, fine, or, tragically, a good laugh.

The Zcash Foundation, bless their non-profit little hearts, confirmed the SEC officially tossed the investigation. No charges! No fines! No remedial math class! This means all those Zcash-related offerings can breathe a sigh of relief… or, you know, continue existing. It also, and this is important, removes a lingering “Uh oh!” feeling.

SEC Gives Zcash a Pass: Is This a Joke? 😂

It all started with a subpoena, back in the dark ages of August 31, 2023. Internal case SF-04569, labeled “In the Matter of Certain Crypto Asset Offerings.” A very dramatic title, wouldn’t you say? The whole thing centered around some Zcash activities. Riveting stuff, really. 🙄

We are pleased to announce that the SEC has concluded its review and informed us that it does not intend to recommend any enforcement action or other changes against Zcash Foundation regarding this matter.

– Zcash Foundation 🛡️ (@ZcashFoundation)

Apparently, the SEC scrutinized how Zcash gets its funding, fiddled with the governance structure, and examined the token distribution. They looked and looked… and declared it all perfectly… legal enough. Can you believe it? They didn’t find enough to build a case! It’s practically a miracle.

Related Reading: Zcash (ZEC) Price Faces Heavy Pressure, Eyes $300 After Core Developer Split | Live Bitcoin News

The Foundation says the SEC basically said, “Nah, we’re good. No penalties, no fines, no demands to reorganize your office. You’re clear.” Completely resolved. It’s like a bad comedy where the villain just… leaves. 🤷‍♀️

Two years of cooperation, endless document requests… and for what? To learn that Zcash wasn’t doing anything too outrageous? Oy vey. But the Foundation insists they were completely open and honest. You know, like a meticulously planned alibi.

Now, they can go back to their real mission: supporting a privacy-preserving financial infrastructure. Which, frankly, sounds like a spy movie. Don’t tell anyone. 🤫

**Zcash Sees a Tiny Bump – Mostly Relief, Though.**

The market reacted with… a slight upward twitch. ZEC was trading around $442.87, up a measly 1.93%. It’s like saying, “Thanks for not arresting us, here’s a participation trophy!” Market cap around $7.30 billion. Volume: reasonably exciting. The world did not end.

And the SEC is suddenly being all nice to crypto companies? Robinhood, Crypto.com… all let off the hook! What’s next, Bitcoin getting a parade? Is this a new SEC or what? Under new leadership, apparently, they’re deciding some old probes aren’t worth the hassle. Fine by us!

The Zcash Foundation promises to keep being lawful and compliant. Of course they do! They learned their lesson. Don’t mess with the Feds… or just be careful enough so they don’t bother you.

So, the investigation is officially kaput. The overhang from 2023 has been lifted. It’s a joyous occasion. Let’s all have a bagel! 🥯

2026-01-15 09:20

SEC Gives Zcash a Pass: Is This a Joke? 😂

Zcash Sees a Tiny Bump – Mostly Relief, Though.

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**Zcash Sees a Tiny Bump – Mostly Relief, Though.**