ZEC Price Surges 10% as SEC Closes Zcash Foundation Probe With No Enforcement Action

According to the Zcash Foundation's Q1 2026 report, ZEC rose 10% over the past 24 hours to trade near $564.30 after the U.S. Securities and Exchange Commission closed its investigation without recommending enforcement action. The SEC inquiry, which began with a subpoena in August 2023, ended with the agency informing the foundation it does not intend to pursue enforcement.

As of March 31, the Zcash Foundation reported approximately $36.7 million in liquid assets, including 85,412 ZEC, 41.8 BTC, around 506,600 USDC, and a small amount of ETH. The foundation said average monthly operating expenses totaled about $272,500.