Zcash Foundation’s SEC Probe Ends Without Action, ZEC Price Jumps 12%

TLDR Zcash Foundation’s SEC investigation ends without enforcement action, providing regulatory clarity. Zcash faced internal disruptions after the resignation of several core team members earlier this year. Zcash’s price increased by 12.5%, reaching $437.28, following the SEC’s closure of its investigation. The SEC’s decision marks the first positive news for ZEC in 2024 after a [...]

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