$ZEC Triumphs – SEC Investigation Officially Closed

After over two years of regulatory uncertainty, the dark cloud over Zcash has lifted. Positive news from the SEC triggered a strong buying wave, putting ZEC back on track like a survivor emerging from a looming threat.

🔹 The Zcash Foundation announced that the SEC has concluded its investigation and will not pursue any enforcement action against Zcash.

🔹 The investigation began with a subpoena on August 31, 2023, regarding a specific crypto asset offering. Closing the case without legal consequences is a rare and major win for the privacy-focused project.

🔹 Following the announcement, ZEC surged +13.41%, reaffirming investor confidence. The Foundation emphasized its continued focus on building privacy-centric financial infrastructure, now free from the shadow of regulatory risk.

With the SEC hurdle removed, the question remains: will ZEC lead the privacy coin renaissance in this bull run, or is this simply a short-term liquidity spike?

News is for reference only and not investment advice—please read carefully before making decisions.