The Crypto Industry’s New Favorite Punching Bag – Prometheum – Asks for a Chance
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A U.S. senator, Tommy Tuberville (R-Ala.), also accused his company of being a tool of Chinese investors. Kaplan responded, saying that while HashKey Group, the digital assets and blockchain arm of Chinese conglomerate Wanxiang Group, still owns about 20%, it has no access to the company’s data or technology. He said the SEC, which investigated and subpoenaed the company for information on this relationship, has recently sent a letter to Prometheum stating the question is resolved.