--- title: Erik Voorhees description: Founder and ex-CEO of ShapeShift published: false date: 2021-11-20T21:37:59.038Z tags: template editor: markdown dateCreated: 2021-09-13T18:21:56.126Z --- # Erik Voorhees ### 2014 SEC Settlement In 2014, CEO Voorhees was fined by the SEC for an unrelated venture from 2012 and 2013. He was accused of using social media platforms to solicit investors without federal approval for his two bitcoin-related ventures, SatoshiDICE and FeedZeBirds. Eventually Voorhees settled with the SEC in a civil court and was banned from making a crypto securities offering for five years.