SEC Charges EtherDelta over Unregistered ‘Security Tokens’

The commission faulted Zachary Coburn, the founder of crypto token trading platform EtherDelta of operating an unregistered securities exchange.

In the charge brought against Coburn on Thursday, the SEC noted that EtherDelta was serving as a marketplace that allowed buyers and sellers to trade ethereum tokens that the SEC considered to be digital asset securities.

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