SEC says releasing Tezos documents could hurt enforcement activities

Technology


NEW YORK (Reuters) – A top U.S. securities regulator says it cannot release documents related to the cryptocurrency project Tezos because doing so could interfere with an investigation or enforcement activities, according to a document seen by Reuters on Friday.

In a letter dated Feb. 6, the U.S. Securities and Exchange Commission denied a public information request from a lawyer representing class-action plaintiffs who say they were defrauded by Tezos’s $232 million fund raiser in July.

The letter does not say that Tezos itself is under investigation. The lawyer, David Silver, provided the document to Reuters. A spokesman for the Tezos project’s founders did not immediately respond to a request for comment. The SEC declined to comment.

Reporting by Anna Irrera; Writing by Lauren Tara LaCapra; Editing by Leslie Adler



Source link

Products You May Like

Articles You May Like

French President Macron
Wind, snow and frozen phones: How to survive the coldest Olympics
Oxfam says Haiti director admitted using prostitutes
Pressure mounts on FBI director to resign as Florida community reels
Volatility holds key to bank revenue revival from 2017 slump: survey

Leave a Reply

Your email address will not be published. Required fields are marked *