US Senators Threaten SEC Scrutiny and Ongoing Investigation Could Influence XRP Price Trends
Wyoming Senator Cynthia Lummis was one of five US Senators who expressed their concerns to SEC Chair Gary Gensler regarding the agency’s practices. In a letter co-signed by the Senators, they warned the SEC of potential scrutiny from lawmakers. This action was taken in response to the SEC filing a Motion to Dismiss charges against Debt Box. The SEC’s decision to file the Motion to Dismiss came after the court urged the agency to justify why it should not face sanctions for providing false and misleading information. The scrutiny of the SEC’s activities has extended … Read more