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Zachary Coburn
Settled
Founder of EtherDelta; settled SEC charges for operating an unregistered securities exchange (per SEC press release).
Status
Settled
Jurisdiction
US
Tags
etherdelta, dex, unregistered-exchange, sec, enforcement
Last updated
2026-02-03
Details
SEC described EtherDelta as an online platform for secondary trading of ERC20 tokens.
Resolution was a settlement (civil enforcement), not a criminal case.
Relevant for compliance themes: exchange registration and secondary market token trading.
Images intentionally omitted unless a clearly licensed (CC/PD) image is verified.
Timeline
2018-11-08
SEC announced settled charges against EtherDelta founder Zachary Coburn for operating an unregistered exchange.
•
SEC Charges EtherDelta Founder With Operating an Unregistered Exchange
(U.S. Securities and Exchange Commission press-release)