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SEC Concludes Zcash Foundation Investigation with No Charges

There will be no enforcement actions brought against the Zcash Foundation.
SEC Concludes Zcash Foundation Investigation with No Charges
Jack Inabinet Jack Inabinet
Jan 14, 2026 • 1 min read
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The United States Securities and Exchange Commission (SEC) has concluded a years-long investigation into the Zcash Foundation, deciding it does not intend to recommend enforcement actions against the Zcash Foundation.

What's the Scoop?

  • Initial Subpoena: The Zcash Foundation now says it was subpoenaed by the SEC on August 31, 2023, in connection with a probe designated "In the Matter of Certain Crypto Asset Offerings (SF-04569)."
  • No Enforcement Action: According to the Zcash Foundation, "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 the aforementioned inquiry.

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Jack Inabinet

Written by Jack Inabinet

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Jack Inabinet is a Senior Analyst with a passion for exploring the bleeding edge of crypto and finance. Prior to joining Bankless, Jack worked as an analyst at HAL Real Estate where he conducted market research and financial analysis for commercial real estate development and acquisition activities in the Seattle region. He graduated from the University of Washington’s Michael G. Foster School of Business.

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