The Biden Administration’s crypto timeline:
- Sam Bankman-Fried is the second largest donor to Biden’s presidential campaign
- Biden appoints Gary Gensler as chairman of the SEC
- Gary Gensler hosts friendly meeting with Bankman-Fried and FTX execs, no action letter
SBF stole over a billion dollars from over a million people and he’s still lounging in his Bahamas penthouse and being praised by the mainstream media
How can we ever trust them again?
Under Gary Gensler's leadership, the SEC:
- Missed biggest fraud since Madoff (FTX) 🫤
- Attacked good actors (Coinbase & Kraken) 😠
- Pushed many great entrepreneurs offshore 😢
- Botched the Bitcoin ETF approval announcement 😂
You really can't make this shit up.
The pre revenue Silicon Valley founder taking a private jet to DC for the day and posting it for internet clout is going to get beat by the random dude with a chip on his shoulder who doesn’t care what anyone thinks and just wants to win 100 times out of 100
A few months ago @zhusu publicly ridiculed ETH and started relentlessly shilling LUNA. Lots of people followed
These influencers are setting our industry back