Share this article

SEC Drops Investigation of Bitcoin L2 Stacks and Builder Hiro, Filing Says

The conclusion of the probe into Hiro, formerly known as Blockstack, which raised $70 million via token sales from 2017 to 2019, is another win for the crypto industry in its years-long struggle with the regulator.

By Marc Hochstein|Edited by Nick Baker, Nikhilesh De

Updated Jul 12, 2024, 2:11 p.m. Published Jul 12, 2024, 1:19 p.m.

Muneeb Ali, CEO, Trust Machines, and Kyle Rojas, Global BD and Partnerships, Edge & Node / The Graph — Stacks co-creator Muneeb Ali, left, speaks at Consensus 2023. (Morgan Brown/Shutterstock for CoinDesk)