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The Prometheum WTF: Is This an SEC Grift Just to Mess Up Crypto Legislation?

The Breakdown

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The McHenry-Thompson Crypto Market Structure Bill

The House Financial Services Committee held the second hearing on the McHenry-Thompson crypto market structure bill. The hearing featured a panel of industry heavyweights including Circle CEO Jeremy Allaire and Amine Guncer, the company behind Avalanche. Alongside them was Aaron Kaplan, the Co-CEO of Prometheum Inc. He appeared on Laura Shin's Unchained podcast to continue preaching about how viable SEC compliance was.

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