February 9, 2018 / 9:17 PM / Updated 27 minutes ago

SEC says releasing Tezos documents could hurt enforcement activities

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

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below