The Blockchain Association requests the U.S. SEC to investigate Prometheum

ChainCatcher news, the Blockchain Association is requesting the U.S. SEC Inspector General to approve an investigation into potential misconduct by Prometheum as the first special purpose broker-dealer. The Blockchain Association emphasized its skepticism regarding Prometheum's acquisition of the SPBD license, as there remains uncertainty about the applicability of U.S. securities laws to cryptocurrency companies.

Additionally, the Blockchain Association expressed doubts about how Prometheum CEO Aaron Kaplan secured a seat to testify in front of the U.S. House Financial Services Committee in June. (Source link)