The SEC's Promethean: A Charade

There were a lot of members critical of this. It seemed like this was an effort by the SEC to say, oh, look, there is somewhere. We have let one through, right? But then when interrogated, Mr. Kaplan says, oh, yeah, you can't trade Bitcoin there. You can't trade ETH there. It's like, what can you trade? I think it's very clear that from a pure substance and actual pragmatic and policy and intellectual standpoint, it doesn't make sense. And then you add on top of it the strangeness of this, of Promethean specifically. This is a company that was promoting private blockchains in 2020 that's partially owned by