UAE Regulator Calls for SEC Probe into Cardi B-Promoted WAP Token

The UAE Securities and Commodities Authority (SCA) officially asked the U.S. Securities and Exchange Commission (SEC) to investigate the WAP cryptocurrency token promoted by Cardi B on the Solana blockchain, alleging potential securities violations. The WAP token, heavily promoted by Cardi B on X (formerly Twitter), has been connected to an alleged pump-and-dump scheme potentially The post UAE Regulator Calls for SEC Probe into Cardi B-Promoted WAP Token appeared first on Coin Edition .

Source: Coin Edition