As the Speeding Crypto Train Crashes, Scientific and Engineering Experts Tell Congress that Both Crypto and Blockchain Were a Sham from the Beginning
By Pam Martens and Russ Martens: June 17, 2022 ~ Crypto pushers hired themselves Trump’s outgoing SEC Chairman, Jay Clayton; a boatload of celebrities like Matt Damon (see his commercial below), LeBron James, Spike Lee, Tom Brady, Alec Baldwin, among numerous others; and high-priced lobbyists to sway Congress and state legislatures to back off any regulatory push. Crypto even slapped its name on sports stadiums and arenas – similar to Enron and Citigroup just before they blew up from specious business models. Like any other pump and dump scheme, crypto mania worked for a while. Insiders grabbed their windfall profits early and left the unsophisticated with the losses. Now crypto concerns are hiring themselves the likes of Big Law firm Akin Gump to explain why investors can’t get access to $11 billion in frozen accounts at Celsius Network. The warnings have been out there for years now from experts in the … Continue reading →
Source: http://silveristhenew.com/2022/06/17/as-the-speeding-crypto-train-crashes-scientific-and-engineering-experts-tell-congress-that-both-crypto-and-blockchain-were-a-sham-from-the-beginning/
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