Under the scrutiny tokens

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• Coburn, was for operating an unregistered national securities exchange, a first for the SEC, which previously brought

*. EtherDelta, a crypto-to-crypto exchange, provides an online platform for secondary market trading of ERC-20 tokens, that is, tokens built off the Ethereum blockchain network.

*. lawmakers in recent months have been trying to clarify, including for initial coin offerings (ICOs).

*. SEC’s issuance of the DAO report last year that concluded that certain digital tokens were securities.

• The SEC did not mention in the release which tokens it was referring to that were considered security tokens.

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