🔍📄 Prometheum Addresses SEC Investigation and Congressional Inquiry 🗽🇨🇳 Prometheum, a digital asset platform, has responded to inquiries regarding its relationship with Chinese blockchain company Wanxiang. The U.S. Securities and Exchange Commission (SEC) reportedly investigated the matter, but no charges were brought, according to Prometheum. The company also stated that the Foreign Investment Commission (CFIUS) has not conducted any investigations. Recently, members of the U.S. House Financial Services Committee, including Chairman Patrick McHenry, raised questions about the process of granting Prometheum a special purpose broker-dealer license (SPBD). Prometheum defended its technology, highlighting its compliance with federal securities laws and commitment to investor protection. The company had faced concerns about alleged ties to the Chinese Communist Party due to its use of technology from Wanxiang. #Prometheum #SECInvestigation #CongressionalInquiry #Wanxiang

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The SEC's investigation into the Ethereum Foundation has sent shockwaves through the crypto community! 😱 They're aiming to define Ethereum as a security, sparking intense debate and speculation. What does this mean for the future of Ethereum? Stay tuned as we keep you updated on this developing story! #Ethereum #SECInvestigation #CryptoNews 📈💼