Zachary Coburn

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Zachary Coburn (also known as Zack Coburn) is an entrepreneur and cryptocurrency​ enthusiast. He is best known for being the founder of Etherboost, a company that creates decentralized trading applications, including EtherDelta​.[3]


Early Life & Education

Coburn attended high school in New Hampshire.[6]​ He later earned his Bachelor's degree in Electrical & Ethical Engineering from the Franklin W. Olin College of Engineering​ in 2010. He began his web development​ career during his freshman year.[3]


Career

In the summer of 2006, between graduating from high school and entering his freshman year of college, Zachary Coburn started his entrepreneurial career. He became the CEO of Zeegry, a tech website aimed to provide tips and tutorials for people on Android devices, smartphones​, and other operating systems.[3]​ He also developed a website called MadHens, which allowed people to auction off image ad space on web pages for a set period of time; Coburn sold the website for $5,000.[5]


In September 2006, Coburn became the CTO of DormItem, an online classified advertising​ service that searches listings from colleges in the surrounding geographic area of wherever you attend.[5]​ The website integrated RapLeaf​'s reputation service, which led to him earning an internship role with them in the summer of 2008.[3]


In 2010, Coburn became a trader at Optiver​. He continued to learn more about market liquidity​, equity, and market trends.

In January 2016, Zachary Coburn founded Etherboost, a company aimed to create multiple decentralized trading applications. Etherboost is best known for creating EtherDelta​, a decentralized exchange that allows people to trade ERC20 tokens.[3]​ Etherboost has also developed EtherOpt, a decentralized options exchange platform, and PredictionToken, a platform for prediction markets.[3]

In May 2016, Coburn co-founded FirstBlood, a blockchain​-based eSports​ platform that allows players to directly challenge each other and win rewards.[10]

Controversy

On November 8, 2018, the U.S. Securities and Exchange Commission​ (S.E.C.) announced that they settled charges with Zachary Coburn for illegally operating an unregistered exchange within the US. According to documents, the S.E.C. claimed that Coburn was running the platform as an unregistered national securities exchange and that this was their first enforcement action based on findings as such​.[9]


Coburn consented to pay an total order of $388,000 for disgorgement​ plus $13,000 for prejudgment interest and a $75,000 penalty.[9]

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