FOIA Request on Controversial Tezos ICO denied by SEC

Blockchain North America United States
Maciek Klimowicz
Written by Maciek Klimowicz

A Freedom of Information Act (FOIA) request from attorney David Silver of the SilverMiller law firm concerning the Tezos blockchain project has been denied by the Securities and Exchange Commission. The commission cited the Exemption 7(A) usually applied to data collected for law enforcement activities, as the reason for the denial.

The SEC stated that the release of the requested information “could reasonably be expected to interfere with enforcement activities.” However, the agency did not outright confirm whether Tazos is under its investigation.

David Silver is representing Tazos in one of the numerous lawsuits filed after the company’s last year’s initial coin offering valued at 232 million USD.

About the author

Maciek Klimowicz

Maciek Klimowicz

A seasoned writer and editor with 10 years of experience in a variety of print and online media. Recognizing the transformative potential of the blockchain technology, Maciek has now put his pen to work to explore the key issues of this fast-evolving sector. Contact him on [email protected].

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