.PrometheumInc threw the industry under the bus as experts sense foul play
While this claim is contrary to popular opinion in the industry, stakeholders believed Kaplan did the unthinkable by commending the market regulator for being"the most capable financial markets regulatory agency in the world."The sheer convenience of the testimony and the timing has been flagged by industry experts, many of whom have started digging into the Prometheum brand.
The firm was established in 2017, and it is known as one of the few firms that is fully compliant with the SEC's registration provisions. Last October, Prometheum launched an SEC-registered trading outfit, a move that many crypto market players have been unable to accomplish for some time. Market expert Matt Walsh remains curious after sharing key facts about the company on how a firm with no known business model can be held up by the SEC as the standard of compliance for the entire industry.
What is going on here? Bizarre that this fringe player with no biz model is being held up as an example of compliance by the SEC when the actual businesses in the United States can’t get a fair shot. An SEC PSYOP to have the Dems oppose McHenry-Thompson market structure bill?
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