Regulation· ★★★· neutral·

Lawmakers Demand Probe Into Spam Campaign Backing Crypto in 401(k)s

  • —Lawmakers flagged nearly 12,000 of 47,000 comments as suspected spam
  • —Templated comments arrived en masse within one week, then stopped
  • —At least two comments were filed under the names of deceased individuals
  • —The Labor Department said it weighs comment content, not volume
Why it matters: The probe could slow the Labor Department's push to let crypto into US retirement plans and spotlight manipulation in public rulemaking comments.
Source: Bits.media
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