I don’t see Siacoins mentioned in the settlement. Is the SEC aware of Siacoins?

The SEC thoroughly examined Siacoins during the course of their investigation. The Sia core team briefed the SEC on how Siacoins have been used since the launch of Sia in 2015 – strictly for utility on the network, and never used for fundraising.

During our conversations, the SEC displayed exceptional technical knowledge on all aspects of the network, including Siacoins.

Sia Press Release

SEC-Issued Settlement

Administrative Summary


Waiver Request Letter

How did we do?

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