BREAKING: U.S. Rep. Darrell Issa (Republican) introduces bill to force hunt and audit of seized crypto.
• Enforces mandatory annual audits across agencies.
• Unlocks forfeiture funds to buy forensic tools.
- He buys $1m #Bitcoin at 30k
- Gets scared at 20k
- “Accidentally” sells it all at $16.5k
- Checks his account at 43k
- It’s all in cash.
“What do I do now, buy more #Bitcoin ?”
Yes, Dave. Buy more.
Put onto a hardware wallet.
Forget about it for +4 years.
According to Microstrategy's Michael Saylor, regulators perceive no “legitimate path forward” for #cryptocurrencies such as #stablecoins, crypto securities, and tokens. https://t.co/v3TkELEusy