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While Decrying Cryptocurrency, Government was happy to take donations from a now defunct crypto-exchange. Never underestimate the greed of those in power.

All Cryptocurrencies

by COINS NEWS 80 Views

Yes, you are right. I am talking about the U.S. Government and FTX. The hypocrisy of the entire episode hits home hard.

If the government was so against cryptocurrency wouldn't money from a cryptocurrency exchange be the last thing you would want to touch? I mean, it's like working for PETA and then going back to your chicken, beef, or ham delicacies.

The thing is, none of those in power would have expected FTX to go bust and would have hoped that their dealings would go unnoticed. But lo and behold - the great fall took them all down.

Notice how the narrative still remains FTX mess up and the government dealing with them with kids' gloves. But the fact is, it is the government which should be questioned first. When that starts happening you will find SBF extradited from the Bahamas overnight. You can count on those in power to find the scape-goat.

Anyway, I heard news that SBF claiming there is a possibility that FTX U.S. users will get their funds back. That's a smart move. The U.S. citizens are happy, nobody questions the government, SBF appears to be a hero and all talks of legal actions subside.

What about non-U.S. users? The answer is - GTH.

submitted by /u/Savi321
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