The Securities and Exchange Commission (SEC) refused to provide information on the Blockchain project Tezos asked by lawyer David Silver. FOIA), Reuters postponed on February 10th.

Silver represents the plaintiffs in a lawsuit filed against Tezos in November 2017, the second of several lawsuits against the company since she raised $ 232 million in a record ICO in July 1945

In the response letter to Silver's request for information, the SEC refused disclosure of information regarding Tezos, citing FOIA Exemption 7 (A). According to Reuters, the letter did not imply that Trezor was under investigation by the SEC

The SEC said in the letter that such an exemption is used when disclosure of information " could interfere with enforcement activities ":

" This exemption protects against disclosure documents compiled for the purposes of law enforcement, the disclosure of which would likely be at risk. interfere with law enforcement activities and therefore, we reserve the right to invoke other exemptions where exemption 7 (A) no longer applies. "

Tezos ICO, in second place for most of the funds raised by any ICO, has been the subject of scrutiny and multiple lawsuits since the question of its compliance with SEC regulations. The lawsuits claim that during their ICO Tezos sold securities to US investors without registration and SEC approval.

During SEC and CFTC hearings on Feb. 6, Jay Clayton, President of the SEC, pointed out that many ICOs violate existing laws and warn that country offices should "grant more" "Caution" as the SEC will further investigate these potential violations.