US lawmakers allege CCP connection in calling for SEC and DOJ investigation into Prometheum

Republican members of Congress have stepped up their allegations of Prometheum's ties to the Chinese Community Party, telling the SEC potentially false or misleading. News Join us on social networks

Six members of the United States Congress have called on the Securities and Exchange Commission (SEC) and the United States Department of Justice to investigate Prometheum, claiming the company has ties to the Communist Party Chinese.

In a July 10 letter, Alabama Senator Tommy Tuberville and five members of the House of Representatives alleged that Prometheum co-CEO Aaron Kaplan provided false testimony during a June 13 on regulatory clarity in the crypto space. US lawmakers claimed that Prometheum was in contact with investors "with ties" to the Chinese Community Party: Shanghai Wanxiang Blockchain and HashKey Digital Asset Group.

According to Tuberville and the reps, Kaplan's congressional testimony suggested Prometheum was developed independently of Wanxiang and HashKey, allegedly contradicting information the company had provided in SEC filings. Lawmakers called on SEC Chairman Gary Gensler and Attorney General Merrick Garland to look into the matter.

.@SenTuberville op-ed: It's high time for DOJ and SEC to investigate Prometheum's ties to Chinahttps://t.co/57yMDtMt7V

Related: Blockchain Assoc. requests information about Prometheum following a "suspicious" approval

Many lawmakers within the Republican Party — which includes the six members who signed the July 10 letter — have...