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Two U.S. senators questioned SEC Chair about whether the departure of the SEC enforcement chief is related to cryptocurrency.
ME News, March 31 (UTC+8): Two U.S. senators, Richard Blumenthal and Elizabeth Warren, are questioning U.S. Securities and Exchange Commission Chair Paul Atkins regarding the resignation of Margaret “Meg” Ryan, head of enforcement at the SEC. Ryan resigned on March 16 after serving just over six months. The senators’ investigation includes questions about whether Ryan’s departure was related to cryptocurrency cases, including a case involving investments by the Trump family. The senators requested access to records and communications related to the SEC’s cases against cryptocurrency companies, as well as information about any circumstances in which settlement agreements and enforcement director recommendations were overturned. The SEC declined to respond to the letter. In an email statement, White House counsel David Warrington said the president was not involved in any business transactions that might implicate his constitutional duties. (Source: Foresight News)