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And like clockwork, @GaryGensler went on record today with the Wall Street Journal saying "some have actually registered" and "there's a path forward here." That "some" he is referring to is Prometheum. A crypto company that has failed launch a product in 6yrs and that literally no one has ever heard of.
The @SECGov has chosen to sue @Gemini, @coinbase, and @krakenfx for not complying with securities laws and yet at the same time has approved @PrometheumInc.
Here are some highlights that set Prometheum apart:
-Failed to launch a product in 6 years
-Hired multiple former SEC and FINRA staff
-Read @GaryGensler and @SenWarren talking points from script at a Congressional hearing
-Hired a Chief Technology officer who is an independent contractor consultant with zero Internet presence who lives in the Isle of Man
And that folks has made all the difference. 😂🤡
We successfully prevented @POTUS' 30% digital asset mining tax from being included in the debt ceiling deal but the fight is far from over.
I am working on a regulatory framework that will allow individuals and companies to own and trade digital assets in America.
Stay tuned...
Hmmm looks like the clock is ticking for @GaryGensler. Sounds like hearings are imminent. Just like FTX and SBF, all that happens is the story needs to be told. Once people know, it’s over.
Interesting. @GaryGensler runs to the media while reports to my office allege he was helping SBF and FTX work on legal loopholes to obtain a regulatory monopoly. We're looking into this.
It’s time to consider an organized movement against @garygensler. He is as crooked as the day is long. He was literally working with SBF to checkmate the entire industry,
It needs to be more than just tweets and letters. Going to be putting thought into this.
SBF was bad. One of the worst financial frauds in history… but there is one person worse than him… one person who is actually responsible for everything we have seen this week.
This man is @GaryGensler. He has INTENTIONALLY provided ZERO clarity in crypto. That’s why you lost.
We are excited to welcome the Cardano Foundation as a Linux Foundation Gold Member. Welcome to our global #opensource community @Cardano! https://t.co/0lMKPvg9Gc #Cardano#Blockchain#OSSummit