U.S. Rep. Ritchie Torres has called for an investigation into the special purpose broker-dealer (SPBD) license given by the U.S. Securities and Exchange Commission (SEC) to Prometheum, a cryptocurrency exchange platform. In two letters sent to U.S. Comptroller General Gene Dodaro and SEC Inspector General Deborah Jeffries, Torres calls for investigation of the “backroom deals” allegedly brokered between the SEC and Prometheum.
U.S. Rep. Ritchie Torres Requests Investigation Into Prometheum’s License
Ritchie Torres, a U.S. representative for New York, is requesting an official investigation on the licenses the U.S. Securities and Exchange Commission (SEC) gave to Prometheum, a digital assets trading platform that Torres states “does not trade digital assets.”
On July 13, Torres sent two letters to U.S. Comptroller General Gene Dodaro and SEC Inspector General Deborah Jeffrey to request an independent review of the failure of the SEC to provide a workable path for crypto exchan
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