This may sound harsh but this guy is to the crypto world what a bear would be to a salmon in a stream. He's a natural predator and an establishment man, his brand of executive overreach is like Kryptonite ( I honestly didn't mean that pun) to the market. They have dragged XRP and have tried wrestling them to the ground for years now.
He wants to claim that all cryptos essentially fall under securities and if he can't prove it that way he wants regulations so tight that it may as well just be fiat which we want to avoid with cryptocurrencies. Lbry is a small crypto project that barely anyone knows about that tried building a decentralized platform known as Odysee, they did it in response to increasingly censored social media platforms.
Expanding the crypto world is all about finding decentralized solutions so the space can generate real value which people like Gary want to destroy. He even had a meeting almost an entire year before the collapse of FTX with Sam. Gary is a snake and needs to be removed from his position of power. This meeting commenced while he was heavily scrutinizing other crypto entities.
He's a corrupt pos that was doing lectures about blockchain at MIT before going nuclear on the space except in the areas where he can personally benefit and or control it it seems.
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