U.S. Senator Tuberville Asks DOJ, SEC to Investigate Crypto Broker Prometheum

Discussion in 'Crypto Assets' started by ETJ, Jul 11, 2023.

  1. ETJ

    ETJ

    U.S. Senator Tuberville Asks DOJ, SEC to Investigate Crypto Broker Prometheum
    Nikhilesh De - CoinDesk
    U.S. Senator Thomas Tuberville (R-Ala.) wrote an open letter on Monday to Attorney General Merrick Garland and Securities and Exchange Commission (SEC) Chair Gary Gensler asking them to investigate Prometheum, a special-purpose broker that recently secured federal permissions to offer crypto trading services. Prometheum "may have provided false testimony to Congress or violated U.S. securities laws," the open letter began. The lawmaker said Prometheum CEO Aaron Kaplan told Congress that it developed its own blockchain platform independently starting in December 2019. However, in SEC filings filed through 2021, Prometheum said it depended on Shanghai Wanxiang Blockchain, Inc., a Chinese firm Tuberville alleged had ties to the Chinese Communist Party.
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    ***** Touchdown Tommy is fronting for someone? Who is it?