US: Torres calls for SEC investigation into controversial crypto regulation

Representative Ritchie Torres, a New York Democrat, recently called for an investigation by the US SEC into the circumstances that led to Prometheum’s controversial crypto regulation.  See below for all the details.  US: request for SEC investigation highlights need for more crypto regulation  As anticipated, Representative Ritchie Torres (DN.Y.) has filed requests for two investigations into the controversial license awarded to Prometheum Ember ATS, which allows it to operate as a crypto exchange despite the fact that it is not currently involved in such activity and may not be in compliance with current regulations.  More specifically, Torres raises questions about