The Prometheum WTF: Is This an SEC Grift Just to Mess Up Crypto Legislation?
The Breakdown
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Prometheum's Registration Is Unworkable
Prometheum is a broker dealer with no real operating history that recently obtained FINRA approval as an alternative trading system. Some of these tokens had been sold to a firm called Shanghai when Shang blockchain was being built in 2021. The Wall Street Journal published an exposé penned by Senator Tommy Tuberville claiming that that company has close ties to the Chinese Communist Party.
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