TechFlow, Nov. 5 — According to The Block, the U.S. government shutdown has temporarily frozen the Securities and Exchange Commission's (SEC) insider trading investigation into Digital Asset Treasury (DAT) policies.
Several former SEC attorneys said the agency will almost certainly resume the probe once the government reopens, and could issue subpoenas within one to two months if suspicious trading patterns are found.
At the end of September, the SEC and FINRA contacted multiple public companies using cryptocurrency treasury strategies to investigate unusual fluctuations in stock prices and trading volumes. Notably, the Trump family is linked to several DAT-related firms, including ALT5 Sigma—which holds WLFI tokens—and Trump Media, making this investigation a "sensitive topic."
