"Clarifying an announcement yesterday that the SEC is in the middle of its first ever case against a cryptocurrency exchange running on the ethereum blockchain, the chief of the SEC’s newly created cyber unit, Robert Cohn, exclusively told Forbes that using any blockchain to create an exchange without central operations doesn’t remove the original creator's responsibility.

As similar decentralized exchanges are being launched with increasing ease, and frequency, the warning shows how serious the SEC is about taming the cryptocurrency Wild West, and the semantics used to bolster it."

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