![ShapeShift Mobile application related to currency transaction](https://coingeek.com/wp-content/uploads/2024/03/ShapeShift-380x188.webp)
SEC settles with Erik Voorhees’ ShapeShift over unregistered security sales
The U.S. SEC has issued an order instituting cease-and-desist proceedings against ShapeShift AG, which follows the exchange's submission of an offer of settlement to the regulator.