On August 31, 2023, Zcash Foundation received a subpoena from the U.S. Securities and Exchange Commission (SEC) in connection with an inquiry designated “In the Matter of Certain Crypto Asset Offerings (SF-04569)”.
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. This outcome reflects our commitment to transparency and compliance with applicable regulatory requirements. Zcash Foundation remains focused on advancing privacy-preserving financial infrastructure for the public good.