Torres raised concerns over the circumstances Prometheum was granted a special purpose broker-dealer license and SEC's role in it.
Rep. Ritchie Torres Calls for Investigation into SEC Over Prometheum’s License ApprovalTorres raised concerns over the circumstances Prometheum was granted a special purpose broker-dealer license and SEC’s role in it.
As such, Torres wants the SEC to be investigated for its approach to the digital asset industry and accused the regulatory agency’s boss Gary Gensler of “politicizing” the registration process by granting a controversial license to Prometheum.Representative Ritchie Torres drafted requests for two investigations into the license granted by the SEC to Prometheum Ember ATS under unusual circumstances.
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US Representative Ritchie Torres Calls for Investigation of SEC Over Prometheum's License – Bitcoin NewsOn July 13, Torres sent two letters to US Comptroller General Gene Dodaro and SEC Inspector General Deborah Jeffrey to request an independent review on the 'backroom deals' made with Prometheum.
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Major Ripple v. SEC Update: XRP Explodes 16% as Judge Torres Delivers Pivotal Summary Judgment VerdictIn a monumental decision that could reshape the cryptocurrency market, Ripple Labs received a verdict that partially favored its stance against the U.S. Securities and Exchange Commission (SEC)
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Coinbase Lawyers Argue Biden Student Loans Ruling Aids Defense Against SECAsserting powers over the $1 trillion crypto industry would be of major significance, just like canceling student debt was, the exchange’s lawyers argue.
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'Hypocritical' — Sec. of State LaRose apparently changes law to help Issue 1 supportersOhio Secretary of State Frank LaRose has seemingly changed Ohio rules to benefit Issue 1 supporters after they made a mistake when sending out election information.
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Celsius Network's Alex Mashinsky Arrested, Firm Sued by SEC, CFTC, FTCThe bankrupt crypto lending platform's CEO and co-founder Mashinsky was arrested Thursday following an investigation into the company's collapse, Bloomberg reported.
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