Zcash Surges 13.7% as SEC Concludes Investigation Without Penalties

Zcash experienced a 13.7% increase in the past 24 hours following the conclusion of a U.S. Securities and Exchange Commission (SEC) investigation, which ended without any enforcement action or penalties. According to NS3.AI, the investigation, which began in August 2023, focused on whether the issuance, governance, or sale of ZEC violated federal securities laws. In its Q1 2026 report, Zcash disclosed holding $36.7 million in liquid assets. CoinGecko data indicated that ZEC has risen by over 100% in the last month.