TechFlow reported on January 15 that, according to The Block, the U.S. Securities and Exchange Commission (SEC) has concluded its multi-year investigation into the Zcash Foundation. The nonprofit organization announced in a blog post on Wednesday that the SEC will not pursue any enforcement action against it. The Zcash Foundation stated that it received a subpoena from the SEC in August 2023 regarding an investigation into "certain crypto asset issuance matters (SF-04569)."
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