# If the SEC says that Zcash is a security?

**URL:** <https://forum.zcashcommunity.com/t/if-the-sec-says-that-zcash-is-a-security/47181>\
**Category:** General\
**Created:** [March 25, 2024, 3:48am UTC](https://forum.zcashcommunity.com/t/if-the-sec-says-that-zcash-is-a-security/47181 "2024-03-25T03:48:20Z")\
**Posts on this page:** 1\
**Showing post:** 3

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**Author:** ![noamchom](https://sea2.discourse-cdn.com/zcash/user_avatar/forum.zcashcommunity.com/noamchom/32/20269_2.png) [@noamchom](https://forum.zcashcommunity.com/u/noamchom)\
**Post date:** [March 25, 2024, 2:48pm UTC](https://forum.zcashcommunity.com/t/if-the-sec-says-that-zcash-is-a-security/47181/3 "2024-03-25T14:48:29Z")

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[I’ve already shared concerns/ thoughts about this topic.](https://forum.zcashcommunity.com/t/regulatory-risk-to-the-zcash-ecosystem-and-the-zec-currency/44478)

(In short, I doubt that ZEC is a security; especially now that we know BTC is not. But I think there is risk that ZF, ECC, ZCG could be deemed as illegal securities brokers in the USA)

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_[View the full topic](https://forum.zcashcommunity.com/t/if-the-sec-says-that-zcash-is-a-security/47181)._