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One platform for global traditional assets
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🇺🇸🕵️ SEC Ends #Zcash Foundation Probe With No Action
The #Zcash Foundation announced in its Q1 2026 report that the U.S. SEC has closed its investigation without recommending enforcement action. Despite governance disputes at Electric Coin Company leading to the departure of most of its #development team, the #Zcash #network continued to #function normally, with no impact on user funds or privacy. As of March 31, the foundation reported approximately $36.7 million in #liquid assets, including 85,412 ZEC, 41.8 BTC, ~506,600 USDC, and a small amount of ETH, with average monthly operating expenses around $272,500. #regulation
#crypto