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Issued by the SEC's Office of the Chief Accountant in March 2022, SAB 121 instructed publicly traded entities that custody crypto assets to recognise both an asset and a corresponding liability on their balance sheets. This effectively prevented FDIC-insured banks from custodying crypto at scale. In May 2024 both chambers of Congress passed H.J.Res.109, a Congressional Review Act resolution to disapprove SAB 121; President Biden vetoed the resolution. The SEC subsequently rescinded SAB 121 via SAB 122 in January 2025.
Contract values are summed from documented money flow chains where this entity appears as a source or destination node. Amounts are drawn from USASpending.gov, FEC filings, SEC EDGAR, or LD-2 lobbying registrations.
Donor contributions aggregate documented amounts from the donor_interests table, sourced from FEC individual and PAC contribution filings.
Connected officials are elected officials in our database with a mapped relationship (lobbying, board membership, campaign contribution, etc.) to this entity.
Annualised flow represents the total documented dollar amount traced through money flow hops involving this entity. Where hop-level amounts are unavailable, the chain-level documented total is used as a conservative upper bound.
All figures are drawn from public filings. Estimates are conservative — undisclosed transactions, dark money, and vanish-point hops are excluded from totals. This is a minimum documented floor, not a ceiling.