Zcash Group Submits SEC Proposal on Founder Disclosure
Current overview (not historical)
The Zcash Group has submitted a proposal to the SEC requesting that issuers be allowed to prove fundraising compliance without publicly disclosing full wallet records. The proposal seeks to establish a new disclosure regime that protects privacy while meeting regulatory compliance needs, permitting the use of accounting records, cryptographic proofs, and selective disclosure of relevant records. This follows reports of public wallet logs exposing founder histories, which have prompted the group's demand for a fix.
Written with AI from the reporting · updated 10/27/2026
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- 1Unclassified fact stationOct 20, 00:00recorded Oct 27, 17:01single sourcerevised
Zcash group submits SEC proposal on founder disclosure
Read original source ↗ CryptoSlateReplay this moment in the explorerEvidence & revisions · 1 source records
- Subject:
- Pretty Good Policy for Zcash (PGPZ)
- Action:
- submits SEC proposal
- Object:
- founder disclosure requirements
- Occurred (fact side):
- Oct 20, 00:00
- Published (valid side):
- Oct 27, 16:50
- First seen (known side):
- Oct 27, 17:01
Fact stationSingle source · one-sided claimRevisedCopy may have been revised later; time replay is bounded. Layer labels group reading only, not causation between layers.
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- CryptoSlateRelated fact: single sourceSource report revisedZcash policy group urges SEC to allow token issuers to prove fundraising compliance without exposing full wallet activity
Report first recorded Oct 27, 17:01
The Zcash policy group Pretty Good Policy for Zcash submitted a letter to the SEC arguing that token issuers should be able to substantiate fundraising claims using zero-knowledge proofs or accounting records rather than exposing all wallet activity. The proposal comes as the SEC considers a disclosure regime that would require material token economics and insider allocations to be disclosed, but PGPZ contends that full transparency is unnecessary and potentially harmful to financial privacy.
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