On August 31, 2023, the Zcash Foundation received a letter from the U.S. Securities and Exchange Commission (SEC) regarding an investigation code-named "In the Matter of the Offering of Certain Crypto Assets (SF-04569)."
We are pleased to announce that the SEC has completed its review and informed us that they do not intend to recommend legal enforcement actions or any other changes against the Zcash Foundation in connection with this matter. This outcome reflects our commitment to transparency and compliance with applicable regulatory requirements. The Zcash Foundation remains focused on developing privacy-preserving financial infrastructure for the public good.
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