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Rumble Is Part of an 'Active and Ongoing' SEC Investigation
The SEC confirmed to WIRED that the financial regulator has launched an investigation involving Rumble, a “free speech” video platform. The nature of the probe remains unknown.
“We have confirmed with Division of Enforcement staff that the investigation from which you seek records is still active and ongoing,” Melinda Hardy, the assistant general counsel for litigation and administrative practice at the SEC, said in a January 8 letter to WIRED. Rumble’s investors have included JD Vance, a US senator from Ohio, and Silicon Valley venture capitalist Peter Thiel, who has contributed heavily to Republican candidates. In a financial filing, Rumble attributed the decrease in users to its popular creators being less active on the platform in the first part of 2023, and news events slowing down following the 2022 midterm elections.
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