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United States

FOIA Request on Controversial Tezos ICO denied by SEC

February 9, 2018 by Ashley MAO

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.

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Ashley MAO, Coinlaw

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Ashley MAO is a member of the Coinlaw team. Read more about our team.

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