A U.S. senator, Tommy Tuberville (R-Ala.), additionally accused his firm of being a device of Chinese language traders. Kaplan responded, saying that whereas HashKey Group, the digital belongings and blockchain arm of Chinese language conglomerate Wanxiang Group, nonetheless owns about 20%, it has no entry to the corporate’s information or know-how. He mentioned the SEC, which investigated and subpoenaed the corporate for info on this relationship, has not too long ago despatched a letter to Prometheum stating the query is resolved.