Crypto advocacy group wants SEC to investigate Prometheum

Crypto advocacy group wants SEC to investigate Prometheum



In the midst of the prevailing hostility towards the digital asset industry, the Blockchain Association has taken steps to address the situation. They have submitted a letter to the Inspector General of the United States Securities and Exchange Commission (SEC), urging an investigation into the circumstances surrounding Prometheum. The investigation stems from allegations that Prometheum received favorable regulatory treatment from the SEC. Marisa Tashman Coppel, Senior Counsel of the Blockchain Association, has raised concerns about this decision.



The Blockchain Association's letter, dated July 12, specifically requests the SEC inspector general, Deborah Jeffrey, to examine the approval of Prometheum's special purpose broker-dealer license (SPBD) by the Financial Industry Regulatory Authority. Additionally, the association


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