US lawmakers allege CCP connection in calling for SEC, DoJ investigation of Prometheum

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US lawmakers allege CCP connection in calling for SEC, DoJ investigation of Prometheum
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Prometheum faces scrutiny as US lawmakers question co-CEO's testimony. Alleged connections to Chinese investors spark call for an investigation.

Cointelegraph reached out to Aaron Kaplan for comment, but did not receive a response at the time of publication. However, a June 23 Wall Street Journal op-ed by Aaron and co-CEO Benjamin KaplanTuberville’s concerns on Prometheum’s alleged ties to China were “without merit” and relied on “out-of-date information”.

“We formally terminated all co-development work and strategic relationships with Wanxiang and its affiliates on Oct. 21, 2021,” said the Kaplans. “Prometheum has severed all intellectual property and technology ties to Wanxiang, giving it and its affiliates no access to any information that could expose the U.S. or its citizens to risk.”

The Prometheum co-CEO said the firm left the U.S.-based crypto advocacy group Chamber of Digital Commerce in early 2023.

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