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A U.S. senator, Tommy Tuberville (R-Ala.), additionally accused his firm of being a device of Chinese language buyers. Kaplan responded, saying that whereas HashKey Group, the digital property and blockchain arm of Chinese language conglomerate Wanxiang Group, nonetheless owns about 20%, it has no entry to the corporate’s information or expertise. He stated the SEC, which investigated and subpoenaed the corporate for data on this relationship, has just lately despatched a letter to Prometheum stating the query is resolved.
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