SEC reportedly launches investigation into insider trading on exchanges

Cointelegraph

Published Jun 14, 2022 09:15PM ET

Updated Jun 14, 2022 11:00PM ET

The Securities and Exchange Commission (SEC) has reportedly launched a probe to discover how crypto exchanges are working to prevent insider trading.

FOX Business reported on June 15 that a person with direct knowledge of the SEC’s activities said that the commission had sent a letter to a major crypto exchange requesting information about how the platform protects users from insider trading. The source believes the same letter has been sent to multiple exchanges.

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