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SEC Ends Zcash Foundation Probe Without Enforcement Action; Q1 Liquid Assets Reach $36.7M

GateNews

Enforcement Actions Regulation & Policy Project Progress

2026-05-20 07:13:03

ZEC3.72%

BTC0.07%

USDC0.02%

ETH-0.58%

According to its Q1 2026 report released on May 20, Zcash Foundation announced that the SEC concluded its investigation without recommending enforcement action. The SEC investigation, which began with a subpoena issued in August 2023 regarding crypto asset offerings, has now concluded with no enforcement measures or additional actions to be pursued. The Foundation attributed the outcome to its commitment to transparency and regulatory compliance. As of March 31, 2026, the organization reported approximately $36.7 million in liquid assets, including 85,412 ZEC, 41.8 BTC, around 506,600 USDC, and ETH. The Foundation noted that despite governance disruptions within the broader Zcash ecosystem, the network maintained uninterrupted operations throughout the quarter.

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