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Bessent criticizes Commerce for not blacklisting Megaspeed over Nvidia chip diversion

Crypto Briefing ·

The unresolved interagency dispute over Megaspeed's blacklisting could undermine confidence in Commerce leadership, affecting market stability.

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First reported by Financial Times at · 2 outlets in all

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  1. Crypto BriefingBessent criticizes Commerce for not blacklisting Megaspeed over Nvidia chip diversionThe unresolved interagency dispute over Megaspeed's blacklisting could undermine confidence in Commerce leadership, affecting market stability.
  2. Financial Times(subscription required)Bessent blames Lutnick’s commerce department for failure to blacklist MegaspeedSalvo from US Treasury secretary risks stoking tensions within Trump administration over Nvidia scandal