SEC Drops Investigation of Bitcoin L2 Stacks and Builder Hiro, Filing Says

SEC Drops Investigation of Bitcoin L2 Stacks and Builder Hiro, Filing Says

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Source: Coindesk.com

The U.S. Securities and Exchange Commission dropped a three-year-old investigation into Hiro Systems, a blockchain software developer (formerly known as Blockstack) that raised $70 million in token sales from 2017 to 2019, according to a Friday filing.

The probe's conclusion is another win for the crypto industry in its years-long struggle with the regulator and follows news,

Read More https://www.coindesk.com/policy/2024/07/12/sec-drops-investigation-of-bitcoin-l2-stacks-builder-hiro-filing-says/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The post "SEC Drops Investigation of Bitcoin L2 Stacks and Builder Hiro, Filing Says" appeared first here Coindesk.com.

Source: Coindesk.com

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