US Securities Exchange Commission With the lawsuit between (SEC) and Ripple (XRP) ending in favor of the Ripple front, the US congressman requested an investigation against the SEC.
US Congressman Ritchie Torres, Thursday, July 13 publicly shared the day in 2 letters, He targeted the SEC. Torres, who took action after the outcome of the case between the SEC and Ripple came in favor of Ripple in line with the judge’s decision, spoke about the SEC. demanded the opening of two separate independent investigations.
At the center of the inquiry request prometheum there is
Investigation requests of the regulatory agency regarding the crypto money market random And heavy-handed approach citing the reason, the congressman said that the SEC had prometheum digital asset service provider company named SPBD license also criticized it. SPBD license, through Prometheum’s clients purchase and sale While executing his orders, it also allowed him to trade securities on his own account.
Platform, from SEC Approved to operate under securities laws and since that approval, this decision has been criticized many times by the members of the assembly. CEO of Prometheum Aaron Kaplantestified before the House of Representatives committee last month. However, US lawmakers claimed that Kaplan had made false statements and demanded an investigation.
In the details of Torres’ latest investigation request, the following statements drew attention:
The dubious decision to license a deceptive digital asset service provider reflects President Gary Gensler’s latest attempt to politicize the registration process to a degree rarely seen in the history of the SEC. When it comes to crypto platforms operating in the real world, the SEC’s path of registration remains a bridge to nowhere.
Congressman Torres sent a letter to the SEC’s Inspector General regarding his request for an investigation. Deborah Jeffreyand the other to the Auditor General of the Government Accountability Office. Gene Dodarosent to .