The Real Story Behind SEC Chair Gary Gensler's Lawsuit Against Binance, Coinbase, and other Cryptocurrencies

I began my mission helping investors steer clear of Wall Street because I learned firsthand how the game was played after having worked in the industry. 

Thereafter, I learned how the media helps Wall Street after I was black balled by all media in 2006 and thereafter for trying to warn main street about what would become an unprecedented financial crisis in 2008. 

My mission has been to help investors become more knowledgeable and successful by providing cutting-edge investment research as well as top-notch educational content.

I think I've done quite well in that regard. 

As a part of this mission, I have also spent a great deal of time and effort exposing the criminal activities of the financial media, as it works with Wall Street to deceive and defraud main street. 

Unfortunately, most people have forgotten how critical it is to know the credibility and reliability of the sources they choose to follow.

Instead of checking credentials and track records, they go by the number of likes, fake comments, fake reviews, and hearsay from people they have no idea about. 

Those who are unfamiliar with me can find out more about my credentials, my background, as well as my investment research track record here, here, and here.

The reader can examine my unmatched track record of predicting the 2008 financial crisis and enabling investors to capture life-changing profits by checking here, here, here, here, here, here, here, here, here, and here.

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Don't Be Fooled. Gary Gensler is a Shill for the Cryptocurrency Industry.

A few years after Gary Gensler left his position as head of the Commodities Futures Trading Commission (CFTC) in 2014, he began lecturing at MIT. 

Immediately upon being appointed as a lecturer at the MIT Sloan School of Management, Gensler began promoting cryptocurrencies through the guise of blockchain technology.

But cryptocurrencies and blockchain technology are quite different, as I have previously discussed. 

See Understanding the Difference Between Cryptocurrencies and the Blockchain

"In early 2018, the MIT Sloan School of Management and the MIT Media Lab announced the joint appointment of Gary Gensler as Senior Lecturer at the MIT Sloan School of Management and Senior Advisor to the Director of the Media Lab."

Reference: Gary Gensler’s active first year at MIT (August 23, 2018)

The ploy used by Gensler is known well among con artists.

Here's generally how it works. Link something credible (in this case the blockchain) to something that's not legitimate (in this case cryptocurrencies) and you're likely to convince lemmings that the illegitimate thing you're pitching (cryptocurrencies) is/are wonderful and promising.

Gensler could have explained the differences between the blockchain and cryptocurrencies, but he didn't because he was intent on pitching cryptocurrencies as being legitimate.  

This is a very odd position to take as a former securities regulator unless you've exchanged that hat for one worn by a crypto shill. 

Had Gensler been bought off?  

During his talk at the MIT Digital Currency Initiative on April 22, 2018, Gensler stated,

"Blockchain technology has led to a new means to provide digital services and to raise capital—initial coin offerings, or ICOs.

This innovative crowdfunding usually offers pre-functional transferable tokens for use on a future blockchain application.

ICOs have a mixture of economic attributes of both investment and possible consumption.

The fungible nature of tokens and an expectation of profit distinguishes them from concert tickets or personal seat licenses.

The presence of a transferable or usable token and an expectation of profit further distinguishes ICOs from donation-based crowdfunding such as Kickstarter or GoFundMe.

Though lacking traditional features of stocks or bonds, the investing public is clearly hoping for possible appreciation based upon the efforts of promoters and a development team.

These are longstanding criterion in the US legal definition of a security."

Reference: Gary Gensler: Remarks at the Business of Blockchain event (April 23, 2018)

Note the words I have underlined from a passage in Gensler's lecture (above). 

Gensler basically admits cryptocurrencies are backed by nothing and are being used to speculate by the public. But he's being very subtle about his overall message because he clearly wants to focus on the so-called "merits" of cryptocurrencies.

He goes on to add that these "speculators" expect the price of their cryptocurrency to appreciate due to the "efforts of promoters."  

Gensler's description sounds like a definition of a "passive" Ponzi scheme to me. 

I call it a "passive" Ponzi scheme in that no one is (necessarily) directly paying early investors with the proceeds that newer investors have used to buy cryptos.

But along the way, many key players who both bought and promoted/pumped cryptocurrencies undoubtedly sold after they helped push the price up. 

At the very best of all scenarios, Gensler has described widespread price manipulation, which is illegal.  

I believe most (if not all) cryptocurrencies should be classified as Ponzi schemes. 

Furthermore, I believe most (if not all) coin staking programs are operating as Ponzi schemes. 

Under the most optimistic scenario plausible, all coin staking programs qualify as securities according to the SEC (although I do not even believe they are securities based on my own definition). Therefore, if they are not registered with the SEC they are in violation of U.S. securities laws.  

Yet, Gensler praised cryptocurrencies, while highlighting the use of blockchain technology. In other words, his lecture focused on the use of the blockchain as he spoke about cryptocurrencies in order to validate cryptocurrencies.  

In reality, the most useful and promising applications of blockchain technology have little to do with cryptocurrencies.  And Gensler knows this. But he deceptively positioned cryptocurrencies as one of the promising applications of blockchain technology. 

What's the reality about these "promoters" of cryptocurrencies Gensler mentions? 

Promoters often pitch cryptocurrencies, crypto exchanges, and crypto staking programs by reading from scripts without bothering to check the validity of the written material.

Thus, most of these promoters make false and misleading statements with willful neglect, which exposes them to significant legal issues. 

They even state bold-faced lies about cryptocurrencies to get people to buy them. Moreover, they make baseless price predictions to lure more people into these scams. 

Mike Explains Why Gold and Bitcoin Price Target Predictions Are Bogus

The bottom line is that most cryptocurrency promoters are receiving compensation in return for making false and misleading statements about cryptocurrencies and exchanges.  

These promoters think they bear no responsibility, but they are quite wrong.

They are also being paid to solicit what the SEC considers as unregistered securities.

This is an even bigger problem for them. 

As you can imagine, the biggest liability faced by promoters is that they are receiving compensation to promote cryptocurrency Ponzi schemes. 

Even worse, many of these crypto-promoting scammers aren't disclosing their compensation. 

All of these activities present major legal problems for promoters, as many are now learning.  

See here, here, here, here, here, here, and here. 

Make no mistake. Anyone who receives some form of compensation, whether direct or indirect as a result of promoting cryptocurrencies or crypto exchanges is working as a business partner for these illegal operations. 

Even when cryptocurrency scams have blown up, some promoters have tried to cover their tracks making more false statements to absolve themselves from guilt.  

A great example of this may be seen upon examination of YouTube fake investment guru, liar, and fraudster, Tomer Nesher who goes by the name Tom Nash.

I'll refer to him as his fake name, Tom Nash going forward. 

Nash lured what might be tens of thousands of people into FTX without ever disclosing the terms of his compensation. For his dirty deeds, Nash was paid ridiculous sums of money for leading his followers into the FTX crime factory.  That makes Nash a business partner of the FTX Ponzi scheme.

Nash was all smiles as he proudly boasted being paid $50,000 each month for promoting what would turn out to be the biggest scam in the cryptocurrency industry to date. 

But Nash never apologized to his naive subscribers for serving as a paid whore for the FTX Ponzi scheme. Once FTX filed for bankruptcy, Nash made a video telling his naive subscribers that he didn't screw them over by promoting the defunct FTX.

His "logic" was that he only promoted the U.S. version of FTX, which he claimed was fine.  

This was clearly a lie, as the U.S. version of FTX filed for bankruptcy the following day.  

Of course, Nash deleted the original video used to make this one above, thinking he could erase all traces of his guilt. 

In fact, Nash has deleted or later edited several videos in order to remove evidence that reveals him to be a liar and investment disaster.  For instance, you might recall the video in the following link. 

Fake Guru Tom Nash Claims No One on Wall Street Pays Attention to P/E Ratios

There are several more examples I have not yet published.  

Any way you look at Nash, he is a complete liar, fraud, and scam artist.  And he needs to face justice. 

The links below point to some additional material on Nash (Tomer Nesher).

• YouTube Fraudster Tom Nash is a Paid Pumper for Israeli Scam TipRanks
• FTX Whore Tom Nash Claims FTX is Fine One Day Before Collapse (Nov 12 2022)
• Tom Nash is a Fake Investment Guru, Idiot, Liar and Fraud
• Cathie Wood Pumper, Tom Nash Exposed as a Fraud by Leading Investment Expert
• Exposing YouTube Fake Investment Gurus Series: Introduction to Tom Nash

Because YouTube consists of the same kinds of degenerate parasites as Nash (i.e. dishonest scum bags who make content only to sell scammy advertisements and endorse scams) they're able to move past this disaster relatively unscathed because there's really no movement on YouTube to go after the many frauds that have come to define YouTube. 

Nash simply blocks anyone on his YouTube channel who is critical of him, his scams, and his terrible investment advice which have cost many people their life savings. 

We see a similar situation with thousands of other crypto scammers and fake investment gurus on YouTube, like Meet Kevin, Andrei Jikh, and Graham Stephen to name a few. 

Incidentally, most of the fake investment gurus found on YouTube happen to be Jewish, including the three named above along with Nash (Tomer Nesher).

As I have been saying for over fifteen years, all ad-based content is trash.

If you consume ad-based content you're going to get screwed.  

If you think it's a coincidence that less than 2 percent of the U.S. population and less than 0.1 percent of the world's population dominate this type of crypto scam, you will soon see evidence that the cryptocurrency industry is controlled by the Jewish mafia. 

I suggest you examine the Jewish representation of the Federal Reserve, banking and finance industries, Wall Street, the media, and Hollywood. Only then will you begin to realize the Jewish mafia has a stranglehold on the west.  

Patreon should have terminated Nash's account for scamming people (due to lying about his credentials as well as being a promoter of a crypto Ponzi scheme). But Patreon is a disgusting company run by the same kinds of dishonest, money-worshipping parasites as Nash.

The truth is that Patreon enables ebeggars and scam artists like Nash because it profits from scum. 

As well, YouTube should have terminated Nash's account. But because YouTube is also run by the Jewish mafia, it's in the business of facilitating scams and scammers, so Nash is kosher. 

As far as YouTube is concerned, as long as you don't say anything "hateful" you can run any scam you want and you'll be fine.

You can post content that solicits illegal prostitution, nudity, includes material that sexually exploits minors, and content that encourages pedophilia.

But you cannot post content that's "hateful." 

YouTube, under instructions from the world's largest hate group, the Anti-Defamation League (ADL) decides what's "hateful." 

Needless to say, any content against White people is considered kosher. 

I have previously documented several examples of the types of vile content permitted by YouTube.  

• YouTube is Funded by Ads from Corporate America to Promote Porn & Pedophilia
• YouTube Partners With Illegal Brothels in Thailand for Profit
• Digital Nomad Using YouTube to Sell Hooker Contacts
• Mike Exposes YouTube and Google as Scam Companies Run by the Jewish Mafia
• YouTube Profits from Porn, Pedophilia, Scams and Fake News
• Looking for Hookers? YouTube is the World's Best Guide
• YouTube and Corporate America Profiting from Pedophilia
• YouTube Caters to Pedophiles
• Jewish Mafia-Run YouTube Tags Ads to Soft Core Porn Claiming It's "Educational"
• YouTube Supports Fake News, Panhandlers, Porn, Pedos, Corporate Welfare but Bans Truth

At the very least, Nash should have been shamed off YouTube by others making videos calling him out nonstop. But this never happened because again, YouTube consists of the same types of scammers as Nash.

They are all unemployable, immoral, scam artists pretending to be experts, seeking to make money by selling ad-based content, posting affiliate links for scammy companies, selling useless courses, and being paid to endorse scams. 

Some of YouTube's Fake Investment Guru Scam Artists

Perhaps the saddest part is that their subscribers are too ignorant to even see that the YouTubers they trust are out to screw them for any amount of money. 

Back to Gensler. 

Gensler also stated (below) that ICOs are securities which are being sold to the public. Hence, if they have not been properly registered with the SEC they are breaking U.S. securities laws.  

"As I currently see things, though, there is significant non-compliance with respect to many ICOs and other crypto-tokens."

"There are likely over 1000 ICOs launched tokens in significant non-compliance. Add to this the possibility of some noncompliant large-cap tokens."

Reference: Gary Gensler: Remarks at the Business of Blockchain event (April 23, 2018)

As you may have already concluded, the event held by MIT was created solely for the purpose of promoting the (illegal) cryptocurrency industry rather than to discuss the potential of blockchain technology.

I'd like to see the list and amounts of donations going to the MIT Digital Currency Initiative, but this information has been kept private.

Note that Gensler also served as senior adviser to the MIT Media Lab, of which the MIT Digital Currency Initiative was a part. 

While blockchain technology shows great promise for many applications, most cryptocurrencies and "staking" programs operate in a manner similar to Ponzi schemes.

Furthermore, all cryptocurrencies are being used by crime syndicates as well as criminal individuals to fund a wide variety of illegal activities.  

Therefore, whether cryptocurrencies are registered with the SEC or not, they should be banned. 

Gensler knows this. 

So what happened? 

Why has the SEC failed to take appropriate measures against cryptocurrencies? 

Before I answer this, let's take a closer look at Gensler's time spent at MIT. 

In addition to giving lectures promoting the use of cryptocurrencies, Gensler established a close relationship with MIT computer "science" Professor Silvio Micali, creator of Algorand (ALGO).

You guessed it. Micali is another Jew. It's a club. And you aren't invited unless you're Jewish.¹  

Thereafter, Gensler would promote "Algo" as a "great technology" which he claimed "could support other tech firms such as Uber and Lyft."  

Ironically, as I've been discussing for several years Uber are Lyft are illegal companies. But they bribe officials and evade regulatory requirements and sovereign laws from around the world. Airbnb is no different.  

Yet, along with several other companies (e.g. Fiverr, Upwork, TripAdvisor, Facebook, and many more) whose primary business allows customers to be scammed along with involvement in other illegal activities, Uber, Lyft, and Airbnb are listed on U.S. securities exchanges. 

Once you learn who runs these companies, who has made vast amounts of money from them, and who the securities and trade regulators are, you will realize why these companies have been granted a license to steal. 

There's even more irony to this story as you will soon learn.

Notice in the videos (above) that Gensler seems so proud to tell us he was working with Silvio Micali, the creator of Algorand at MIT. 

Why was Gensler working with Micali anyway? 

Doesn't that seem a bit odd? 

What were the details of the discussions they had?

Don't you think the public should know about these discussions given that Gensler is now the top official at the SEC? 

Gensler said he was "working" with Micali, so there may have been some kind of payment involved.  

If so, how much was Gensler paid to work with Micali?

Incidentally, if you check Micali's background he claims to be "Italian." 

But Micali is merely an Italian citizen with a Jewish bloodline. That's a huge difference due to the unparalleled tribalism practiced by most Jews. 

I can't tell you the number of Jewish individuals I've come across who have Italian sounding names and claim to be Italian because there's been so many. 

Not surprisingly, Micali was under the direct tutelage of a Jewish professor. And he now serves as a graduate adviser for a crew of mostly Jewish graduate students. Remember, it's a club. And unless you're Jewish, you aren't invited. 

These types of mathematically improbable (virtually impossible) associations are typically seen from within the confines of the Jewish mafia. 

Once you venture down the cryptocurrency rabbit hole, you'll learn these same relationships remain firmly in place.  

Relationships always explain the actions. 

Gary Gensler is Working for the Jewish Mafia. ²

Let's not forget that Gensler characterized bitcoin as a commodity. But he refused to include any other cryptocurrencies as commodities. 

The fact that Gensler claims bitcoin is a commodity as opposed to a Ponzi scheme and illegal platform harboring criminal activity discredits him from everything pertaining to finance and investments.

Thus, Gensler should be prohibited from holding any executive position with all securities regulatory agencies. 

When Gensler labelled bitcoin as a commodity, it confirmed my suspicion that he was working for his tribesmen in the Jewish mafia. 

I've pointed out on more than one occasion my view (via videos/webinars) that Gensler was named Chair of the SEC specifically because of his support for bitcoin futures trading. 

By promoting cryptocurrencies while lecturing at MIT, Gensler convinced his Jewish cryptocurrency tribesmen he would "go to bat" for them if he were in a position to do so. It was for this reason he was appointed as chair of the SEC in April 2021.

In short, Gensler was promoted as Chair of the SEC in order to ensure that the Jewish-controlled cryptocurrency industry is able to continue defrauding people.

By October 2021, just months after taking the head spot at the SEC, Gensler approved the first bitcoin futures ETF.  See here. 

SEC Kosher Mafia Boss Gary Gensler Opens Bitcoin Scam for Tribesmen to Fleece Sheep*

SEC Kosher Mafia Boss Gary Gensler Opens Bitcoin Scam for Tribesmen to Fleece Sheep (part 2)*

* Note that the two-part video series above contains a minor error. Mr. Stathis stated that Gensler approved bitcoin futures trading while at the CFTC. Gensler was not working at the CFTC when bitcoin futures were approved for trading, but he expressed his support for it.   

Now here's where the irony continues.

Recently, SEC Chair Gary Gensler filed suit against several cryptocurrencies including Algorand (ALGO) along with notable cryptocurrency exchanges Coinbase (COIN) and Binance, alleging they are selling unregistered securities.  

This is the same Algorand that Gensler was promoting a couple of years ago.

Although the lawsuits by the SEC are valid, the potential consequences are quite mild relative to the scope and scale of criminal activities facilitated by cryptocurrencies.

Thus, even if the SEC prevails with its lawsuits, enforcement actions will have minimal effectiveness because the agency is doing too little, too late.

Instead of wasting time and taxpayer funds with these ridiculous lawsuits, the SEC should label all cryptocurrencies to be illegal. 

Gensler should have gone after the industry immediately upon being appointed SEC chair in April 2021 instead of flapping his jaws. 

Recall that in 2018 Gensler went on record stating that some 1000 ICOs were breaking SEC laws. Why then, did he wait two years after being appointed as SEC chair to take action? 

As well, where are the 1000 lawsuits against these illegal ICOs and coins? 

"There are likely over 1000 ICOs launched tokens in significant non-compliance. Add to this the possibility of some noncompliant large-cap tokens."

Reference: Gary Gensler: Remarks at the Business of Blockchain event (April 23, 2018)

The cryptocurrency industry should have been dealt with appropriately by regulators and government officials more than a decade ago, but this never happened.

Quite simply, the Jewish mafia got its hands all over the industry early on. That's why regulators stood by and did nothing. The mafia was making too much easy money and their tribesmen (the regulators) weren't about to crash the party. 

This makes sense if you understand the criminal nature of the Jewish mafia, you're familiar with Jewish tribalism, and you are aware of the following facts:

1. Nearly all securities and other key regulators are Jewish.

2. The cryptocurrency industry is controlled by the Jewish mafia. 

None of the previous SEC chairs dating back to Mary Shapiro took appropriate measures against cryptocurrencies. Therefore, in my opinion they should all face intense public scrutiny along with potentially severe legal consequences.

But of course, they won't face anything other than praise because they're members of the "protected" group of parasites whose M.O. is to act either as heroes or victims after they have defrauded and helped Wall Street defraud main street.

Ironically, this is the same group of parasites who are appointed by their tribesmen to find solutions to the fraud that was created by their tribesmen. 

Take a guess who the regulators and watchdogs are who were supposed to prevent the fraud? 

Let's just call it what it is.

A big fat Jewish wedding. 

But you better not state publicly that Jews are ridiculously overrepresented in key segments of the economy and government.

Even if you back these claims with evidence, you will be passed over for a job promotion, or you might lose your job for being a "racist" and "antisemite." 

You should consider anyone who uses this tactic of trying to paint you as the villain for speaking the truth (which can be verified with factual data) as a dishonest and sleezy fraudster. 

And if you live in Europe, you could face jail time simply for stating facts about the Jewish mafia.

You know you hold complete control over the world when you are able to transform the victims of your crimes into villains if they expose your crimes. 

I challenge you to calculate the probability that a group of people (Jews) who represent less than 2% of the U.S. population will comprise the following: 

At least 6 out of 9 Supreme Court Justices (the tenth slot is currently vacant), or 66%, or 3300% overrepresentation.

Approximately 28% of Congress, or 1400% overrepresentation (statistically impossible unless there is some kind of “boy’s club”)

99% of the Federal Reserve Banking officials, or 5,000% overrepresentation (statistically impossible unless there is some kind of “boy’s club”)

95% Wall Street and large bank executives, or 4750% overrepresentation (statistically impossible unless there is some kind of “boy’s club”)

95% of financial regulators and 90% of all federal regulators, or 4,750% and 4,100% overrepresentation, respectively (statistically impossible unless there is some kind of “boy’s club”)

99% Hollywood and media executives, or 5,000% overrepresentation (statistically impossible unless there is some kind of “boy’s club”)

Over 90% of major law firms, major judges, and federal prosecutors, or 4100% overrepresentation (statistically impossible unless there is some kind of “boy’s club”)

It seems that Jews are always calling for “more fair representation” and more “diversity” and “inclusion” when Whites are in control.

Why hasn't anyone called for more fair representation in sectors which are dominated by Jews?

And if you think the ridiculous misrepresentation ends with these sectors you are greatly mistaken. 

The Jewish mafia has a response for anyone who dares to speak the facts when these facts are not convenient or not complimentary of them.

They will call you a racist or antisemite as a way to try to discredit your claims. 

Think about.

Open your eyes.

Do your own research.

We are talking about a racist, discrimatory, and criminal mafia.

The Jewish mafia.

I repeat. All cryptocurrencies, crypto exchanges, and cryptocurrency-related assets should be shut down and categorized as illegal operations, and in many cases as Ponzi schemes. 

I have held this view about cryptocurrencies from the beginning.

It is indeed more than bizarre that the FTC and FBI have not acted to shut down cryptocurrencies and cryptocurrency exchanges considering that they are known to the facilitate transfer of illicit funds used for human sex trafficking, drug trade, terrorism, and many other criminal activities. 

But again, ask who runs the FTC and FBI, and then you will understand why nothing has been done. 

I Knew Early on Bitcoin Would be Used to Defraud People

From the very beginning I predicted bitcoin would lead to countless scams. 

I also realized that it was being used to launder money and fund all kinds of illegal activities. 

I think it's safe to say that I have been proven correct. 

The Cryptocurrency Scam is Not the First and Will Not Be the Last Scam

Around ten years ago I publicly expressed my view that bitcoin and all other cryptocurrencies were scams being marketed based on false claims, while facilitating illegal activities. 

It was obvious to me from day one that cryptocurrencies would be used to defraud many people.

Let's get real here.

How could an honest, reasonably intelligent, and sane person with at least an ounce of common sense not see bitcoin and all other cryptocurrencies as scams?  

Given the promotion of bitcoin by con artists like Max Keiser, it was even easier to realize that cryptocurrencies were being positioned as a "revolutionary" payment system and novel way to "avoid the bankers" in order to lure people into the various scams that blossomed within the crypto industry.

See Max Keiser is a Fraud and Jews Run Cryptocurrency Industry - April 2018

Wall Street Became Involved in Cryptocurrencies Early On

The fact that cryptocurrencies were devoid of regulation opened the door from the very beginning for all kinds of scams and other criminal activities.

It was this same characteristic - lack of regulation - that made the cryptocurrency industry much more appealing to Wall Street. 

What the so-called crypto "purists" (those who look to cryptocurrencies as a way to avoid bankers and the banking system) don't realize is that it's been professional investment capital from "bankers" that's largely funded the crypto industry.

That fact alone means the little guy stands to lose.

When I say "bankers," I'm talking about guys with deep pockets and strong Wall Street connections, like Jewish homosexual libertarian vulture capitalist Peter Thiel, as well as other prominent Jewish vultures like Tim Draper, Marc Andreessen, Ben Horowitz, Barry Silbert, Michael Novogratz, and many others. 

See Cryptocurrency Con Man Tim Draper Says Theranos is Transforming the World

This cabal of money-worshipping parasites began to push bitcoin onto main street knowing they could easily orchestrate pump and dump schemes for huge gains.

And because cryptocurrencies weren't regulated, they knew they would get away with price manipulation without legal repercussions. 

Even the Jewish Facebook bozos, Cameron and Tyler Winklevoss noticed all of the Jewish VCs, Wall Street whales, and hedge fund managers tossing huge amounts of money into the crypto industry.

Being greedy money-worshippers lacking any sense of morality, the twins decided to "follow the money" so they too could exploit retail suckers who had been brainwashed by delusional cryptocurrency propaganda.

But we cannot forget that the financial media was also in on the crypto promotion game as well. 

• Jim Cramer Recommends Coinbase for "Long Haul" (April 13, 2021)
• CNBC "Expert Trader" Jon Najarian Touts Voyager Digital Days Before Bankruptcy
• CNBC's Jon Najarian Promotes "Crypto King" Ponzi Scheme Crook John Caruso
• Will CNBC Be Shamed for Glamorizing Cryptocurrency Crooks Like Sam Bankman-Fried?
• Leading Investment Authority Rips FTX Paid Whore Kevin O'Leary Apart
• FTX Parasite Promotor and Media Celebrity Kevin O' Leary Caught Lying Again
• Jewish Scam Artist Jim Cramer Pumped Cryptocurrencies at the Peak
• Hollywood Puppet Matt Damon Shills for Cryptocurrencies Which Collapse Soon After

The financial media is always a big fat Jewish wedding.

America's controlled media tells you what to think. 

Who Controls the Media? 

In 2014, the Jewish Winklevoss twins launched a cryptocurrency exchange called Gemini.

Using their tribal connections, they were able to establish several partnerships and obtain various approvals from securities exchanges and financial regulatory agencies.

For instance, by 2017 the Chicago Board of Options Exchange (CBOE) agreed to use Gemini to settle its bitcoin futures contracts.

Soon after, Gemini struck a deal with NASDAQ to use its technology to monitor trades in order to combat pricing manipulation and fraud. 

Thereafter, they obtained several approvals from the New York Department of Financial Services. 

By January 2023, Gemini was sued by the SEC for selling unregistered securities.

Moreover, Gemini customer assets totaling $900 million remain frozen due to their entanglement with Barry Silbert's Genesis, which filed for bankruptcy protection.  

Wherever you find the Jewish mafia extracting wealth by deceptive if not illegal means, you'll often see a few non-Jewish bottom feeders weasel their way into the mix using their Jewish connections.

In this case, I'm talking about liar, SPAC scam artist, and pump and dump opportunist, Chamath Palihapitiya. 

In the video below, watch as Palihapitiya and his fellow vulture capitalists have a nice laugh as they brag about dumping their worthless cryptos onto main street suckers.

You've Been Lied to by Libertarian Scam Artists. Regulation is Actually a Good Thing

Cryptocurrencies are nothing more than Ponzi schemes, scammy and illegal digital casinos (with very unfavorable house rules), conduits for fraud, magnets for scams and various other criminal activities.

Once you throw in the lack of regulation, chances of the little guy getting screwed go way up. 

But remember that the absence of regulation (i.e. decentralized) has been one of the most appealing characteristics of cryptocurrencies, according to users. 

Ironically, after crypto users lost their money through crypto scams and blowups, they pleaded with government officials to help them get their money back. Excuse me for laughing.   

You know something has happened to the human population when millions of people trust strangers who have no accountability located offshore with their money rather than their own government-backed banks located down the street from their house. 

More on libertarians

Mike Stathis Explains How Libertarian Supporters Are Being Scammed

Video: Educating a Libertarian Hack from Harvard

The Newest Libertarian Con Man - John McAfee

Rand Paul Proves the Libertarian Party Supports Corporate Fascism

I Ran Across a Delusional Kid Brainwashed by Libertarian Con Artists

Libertarian Nut Jobs Support Joe Camel Marketing and NO Regulation of Facebook

Uber, the Libertarian Dream

The Libertarian Scam Exposed

Jewish Gold Pumpers, Libertarians and Cryptocurrency Scam Artists

Mike Exposes the Libertarian Scam and Capitalism

Another God-Fearing Libertarian Financial Adviser. What Could Possibly Go Wrong?

Many Years Ago I Revealed the Crypto Industry Was Controlled by the Jewish Mafia

By 2017, I revealed what seemed apparent to me; that the cryptocurrency industry had been taken over by the Jewish mafia.

I've previously discussed the evidence I gathered backing this claim.

• The Cryptocurrency Scam is Being Run by the Jewish Mafia
• Jewish Clown James Altucher: From Pitching Stocks to Crypto Newsletters to Suckers
• JewTube Advertises Cryptocurrency Scams Run by the Jewish Mafia
• Organized Crime Promotes Cryptocurrency Scams in Order to Fleece the Public
• Gold Pumping Blogger and All-Around Idiot Launches His Own Cryptocurrency Scam

I also stated that cryptocurrencies had one of two fates.

They would either eventually disappear or come under regulation.

I sided with the latter possibility.  And it appears as though my hunch was correct. 

But crypto advocates seem to forget that lack of regulation (i.e. decentralized) was viewed as one of the main reasons for using cryptocurrencies.  

• Understanding the Difference Between Cryptocurrencies and the Blockchain
• Cryptocurrency Disasters, Scams, Scam Artists and Suckers: Part 1
• Gold Pumping, Fear-Mongering Con Man Now a Cryptocurrency Con Man
• Update on the Cryptocurrency Scam

The Original Benefit of Cryptocurrencies Is Gone

Let's not forget the original purpose and benefit of cryptocurrencies.

Cryptocurrencies were intended to be used as a low-cost peer-to-peer (i.e. decentralized) mechanism of transferring money.

This fact seems to have been forgotten by users once the industry was taken over by crypto exchanges generating massive fees for all sorts of ridiculous and even illegal transactions.  

Furthermore, the so-called "decentralized" feature of cryptocurrencies was eliminated once users began to use crypto exchanges. Centralization was simply transferred from the banks and government to the Jewish mafia via cryptocurrency exchanges.  

Widespread adoption of cryptocurrency exchanges completely transformed the original purpose and potential benefits of cryptocurrencies into a speculative casino and conduit for fraud, whereby the house (i.e. the exchange) makes up the rules, changes them anytime it wants, and operates with complete impunity.

Sure, you can still transfer bitcoin to an individual to preserve the decentralized feature of bitcoin. 

But most users aren't using it in that manner anymore.

They're using bitcoin and other cryptocurrencies to gamble.

And they are going though exchanges to do it.   

It was the takeover of the industry by crypto exchanges that transformed cryptocurrencies into a gravy train of fraud and scams for those running the exchanges. 

The exchanges were created to generate a large stream of revenues from users by encouraging them to engage in frequent trading, take out margin loans, and rent bots to trade for them while they slept. 

Mike Stathis Exposes Sam Fried and Cryptocurrencies as a HUGE SCAM Before FTX Collapse

Exchanges also encouraged and facilitated "staking" of coins for what were in most cases, unrealistic returns.  Many of these "staking" programs resemble Ponzi schemes. 

There was poor disclosure as to how these "investment" returns would materialize because once again, the industry isn't regulated, so those in charge could say and do whatever they wanted.  

Most cryptocurrency staking programs are built on margin. As one example, margin loans have been used to prop up coin prices which led people to buy them and even use these coins for staking programs. In part, this accounts for the domino effect of crypto collapses we are seeing.   

Although there are distinct differences, the impact of margin lending in the cryptocurrency industry is similar to how the banking system uses fractional reserve banking to create money out of thin air.

This is ironic because one of the selling points pushed by crypto promoters to main street was that there were a limited number of cryptocurrencies, so you couldn't create more coins than were slated from the beginning like banks create money from fractional reserve banking. 

In reality, the use of margin artificially boosted demand for certain cryptocurrencies (most often with the newer and smaller coins). Because the price of these coins soared, people thought the demand was high so they bought them thinking the coins would continue to rise in price. 

In particular, many cryptocurrency exchanges helped create fake demand for coins by loaning large amounts of money to crypto hedge funds. Once the prices of cryptocurrencies sold off hard, in some cases margin calls couldn't be met so funds collapsed along the prices of most cryptocurrencies along with the crypto exchanges that issued loans to the funds. This is precisely what happened to Voyager Digital and 3AC.    

Although the U.S. and European banking systems are not perfect, they have been designed with many checks and balances, including rigorous risk management protocols, along with many other intricate features. In addition to the private sector operations of the banks, there are local and federal regulators which oversee bank operations to ensure proper standards are exercised. Thus, these banking systems are equipped to handle teh risks created by fractional reserve banking. But even if a bank fails it's often bailed out, or some other arrangement is made to prevent depositors from losing money.

As a backup, bank customers also have FDIC insurance up to $250,000 per account. 

In other words, we are talking about the benefits of regulation, otherwise referred to as a "centralized" system of monetary store and exchange. And let's not forget that if you have money in a bank and you are a victim of fraud, the bank will work with authorities to get your money back. 

In contrast, cryptocurrency exchanges have inadequate risk management, lack accountability, and transparency. Therefore, when exchanges lend out money (margin loans) they operate without adequate systems in place to make sure the loans will be delivered without facing losses.

Moreover, there is no central regulator to arrange for a bailout, a sale to another firm, and no FDIC insurance to help when a "crypto" run or price collapse happens.  

Finally, when your crypto wallet gets hacked or you lose money through some act of fraud on the crypto exchange, no one is there to get your money back. 

Afterall, that's exactly what crypto customers wanted, right? No regulation.

Crypto exchanges and paid promoters made false claims for the purpose of luring more people to put more money into the exchanges.

Exchanges also fudged trading volumes, manipulated bid and ask pricing, comingled funds, promised impossible returns, engaged in pump and dumps, and so on.

I was discussing these kinds of illegal activities many years ago. 

Again, there was no regulation for the exchanges, so the owners and operators could do whatever they wanted and get away with it.

See Jewish Gold Pumpers, Libertarians and Cryptocurrency Scam Artists

Prior to the takeover of the cryptocurrency industry by the Jewish mafia, there were virtually no crypto exchanges.

Instead, people transferred bitcoin to others when paying for goods and services.

On a small scale and in the absence of exchanges, this early use of bitcoin arguably provided some utility. 

But this all began to change when Wall Street parasites realized cryptocurrencies offered a lucrative means by which to engage in nefarious activities without the risk of criminal prosecution.

Although the Jewish mafia usually gets away with most criminal activities due to its control over the legal system, Washington officials, and regulatory bodies, the absence of regulation and oversight in the crypto space meant they could do just about anything without the risk of prosecution.

It was truly a dream come true for the Jewish mafia. 

The first phase of transformation of the cryptocurrency industry from a relatively harmless and low-cost peer-to-peer mechanism of monetary transfer into a fee-generating casino and criminal industry filled with endless scams began with a Jewish derelict by the name of Ross Ulbricht.

In 2011, Ulbricht created an online marketplace in the dark web known as Silk Road.

Silk Road enabled all kinds of illicit activity, from drug sales to sales of stolen items, all transacted in bitcoins.

Ulbricht himself even posted a murder for hire ad on his site to be paid out in bitcoins. 

In 2010, Mark Karpelès, a Jew from France living in Japan purchased the online "Magic" card trading website from Jed Caleb. Soon after he launched Mt. Gox. 

By 2014, Karpelès reported the theft of hundreds of thousands of bitcoins.

Not long after Mt. Gox filed for bankruptcy protection.

To this day, no one really knows what happened to some 650,000 bitcoins that were reported stolen.    

Not long after the fall of Mt. Gox and Silk Road, the Jewish mafia decided the cryptocurrency industry would be its new frontier for fraud. 

The second phase of transformation began in 2014, as heavy hitters began getting involved with bitcoin.   

In June 27, 2014, Jewish vulture capitalist Draper launched one of the earliest crypto propaganda campaigns when he paid about $19 million in a public auction by the U.S. government for close to 30,000 bitcoins seized from the Silk Road by U.S. Marshals.

This publicity stunt was designed to generate media attention and lure main street into the mix. And that's precisely what it did. 

Months later, Draper made the media rounds again, making baseless bitcoin price predictions.

Early on, some of his predictions were realized, but only due to manipulation of the masses via the media.  

Meanwhile, other predictions by Draper were total flops.

For instance, in 2018 Draper stated that in five years if you use fiat to buy coffee, you will be laughed at because you’re not using “crypto.” 

That ridiculous claim reminds me of Peter Schiff's wild claims about gold back in 2012. 

As you might recall, Schiff lured naive people (his main audience) to buy Valcambi gold bars, which he claimed would "protect the value of their currency during hyperinflation."   

Schiff resorted to his typical tactic of pitching a fear-mongering narrative in order to create a sense of urgency and fear so his sheep would overlook the massive 8% commission charged for this really weird and essentially useless product which he positioned as a currency. 

As usual, the exact opposite happened versus Schiff's claims.  

There was no hyperinflation. In fact, there wasn't even normal inflation.

Gold prices plummeted by more than 30% after Schiff first made his pitch for Valcambi gold bars.

After factoring in the 8% commissions charged by Schiff, those who bought this trash lost up to 40% in under two years. 

Even today, more than twelve years later, you're still in the red if you bought this Valcambi nonsense after you account for commissions (in and out). 

As usual, Schiff profited at the expense of those who listened to him. 

There are parasites, and there are dangerous parasites.

Parasites cannot exist without a host to scavenge from.

Dangerous parasites cause permanent destruction to the host due to the severity of their actions. 

Similar to tactics used by Schiff and other precious metals con artists, in December 2019 Tim Draper tried to lure more of main street into bitcoin when he "predicted" it would reach $250,000 by the end of 2022.

Draper's ability to create a self-fulfilling prophecy for his bitcoin price targets expired once the collapse of FTX resulted in cryptocurrency contagion. 

Note that it’s impossible for anyone to make credible price predictions about cryptocurrencies because they have no intrinsic value. And because price forecasts for assets are created based on forecasting cash flow generation or the ability to generate earnings, there is no way to determine pricing for any cryptocurrency assets.

Like gold and silver, cryptocurrencies only have market value which is based exclusively on psychology and human behavior. Note that gold and silver have some utility.

See Mike Explains Why Gold and Bitcoin Price Target Predictions Are Bogus

Meanwhile, Jewish parasite Barry Silbert was quietly spreading his wings into the crypto space with the 2013 launch of Greyscale Investments, followed by a bitcoin trust the same year. 

In 2015, Silbert launched a venture capital fund focused on the cryptocurrency industry called Digital Currency Group. The fund went on to invest in over two hundred companies in the crypto space including CoinDesk (a crypto news/propaganda site), Genesis (a crypto exchange), Greyscale Investments (manages cryptocurrency trusts listed on U.S. securities exchanges), Foundry, and Luno. 

By 2015, several crypto exchanges were in operation, offering sophisticated order entry platforms designed to hook users into generating all kinds of fees for the exchanges, from renting trading bots and using leverage, to staking coins for high yields, and so on. 

Unbeknownst to crypto users, this was Wall Street at work.   

Over the past few years alone, Jewish vulture capitalists Andreessen and Horowitz launched four cryptocurrency funds totaling just under $9 billion to ensure the blockchain and cryptocurrencies remain centralized due to their control by the Jewish mafia.

Based on their early-stage investments in some of the world's most exploitative, scammy, and useless companies such as Facebook, Twitter, Robinhood, Instagram, Airbnb, Coinbase, Zynga, and Groupon (to name a few) Andreessen and Horowitz seem to possess a strong proclivity for advancing the interests of criminal companies in order to profit.

 See: Crypto Financier Marc Andreessen and His AI Con Job. What Would Ted Kaczynski Say?

Thus, it should come as no surprise that this money-worshipping duo have been funding the cryptocurrency industry for many years.

If you haven't figured it out by now, most VCs are little more than con artists who push loads of garbage onto Wall Street and the public.

That's why they are always focused on the "exit." 

They aim to get the hell out of the trash after they've pumped it up before it comes crashing down.

Not just any con artist can start and run a "successful" VC firm. Similar to the case with other types of investment firms, the most important resource needed to ensure success in a VC firm is access to investment capital. You need strong connections to institutional investors. 

How do you suppose VCs are so well connected to institutional investors?  

The fact is the vast majority of VCs and institutional investors are Jewish.  

I view Tim Draper along with his former partner, Steve Jurveston to be among the biggest con artists in Silicon Valley, with Peter Thiel and Marc Andreessen not far behind. 

Cryptocurrency Con Man Tim Draper Says Theranos is Transforming the World

Make no mistake. Draper was by no means the only Wall Street banker to promote cryptos to main street. Each and every one of the individuals I have mentioned in this article have been huge promoters of cryptocurrencies.

Remember, the idea is to get the masses involved so they will pump up the price. And you know what happens after the pump.  

In my view, the takeover of the cryptocurrency industry by the Jewish mafia accounted for the absence of any kind of real enforcement actions from the Jewish-controlled SEC.

A few fines levied here and there by the SEC were meaningless. 

We're talking about a major failure by regulators to shut the illegal cryptocurrency industry down. 

Quite simply, the Jewish mafia was making way too much money from main street, so the SEC didn't want to put an end to their gravy train.  

Ever since Gary Gensler became involved in cryptocurrency regulation it's become an even larger portal for criminals from around the world to launder, hide, and deliver illicit proceeds for the purpose of funding human sex trafficking, illegal drug trade, terrorism, and other illegal activities. 

Mike Talks More About the Cryptocurrency Scam

Most of the Big Crypto Promoters Are Jewish

Influencers (i.e. scam artists) and other promotional figures portrayed as investment experts have also cashed in big by shilling for cryptocurrencies.

First, we have unemployable Gen z and Millennial scam artists on YouTube and other useless social media dirt bags (mostly Jewish) like Kim Kardashian. 

There were also numerous celebrity endorsements from Shaquille O'Neal, Tom Brady, Matt Damon, and many others who are controlled by Jewish crime bosses from the media and entertainment industry. 

Hollywood Puppet Matt Damon Shills for Cryptocurrencies Which Collapse Soon After

Next, there were Jewish con artists like Mark Cuban, Kevin O' Leary, (along with other Shark Tank BS artists) and Anthony Scaramucchi. 

Kevin O'Leary was calling cryptocurrencies a scam several years ago.

He was emphatic about his characterization of cryptocurrencies because they were competing with his terrible ETFs which come with ridiculously high fees.  

Kevin O'Leary's is a Scam Artist and His ETFs Are Terrible and Come With Huge Fees

The only reason O'Leary stopped calling cryptos a scam and starting promoting them as the "greatest thing on Earth" was because he was paid tens of millions of dollars by FTX in 2021 to promote and endorse that scam. 

FTX Parasite Promotor and Media Celebrity Kevin O' Leary Caught Lying Again

Leading Investment Authority Rips FTX Paid Whore Kevin O'Leary Apart

Even after FTX collapsed, O'Leary defended his endorsement of the scam run by his tribesman, Sam Bankman-Fried. 

By now it should be apparent to everyone that O'Leary is a clown, a liar, a fraud as well as an investment and business failure.     

• FTX Parasite Promotor and Media Celebrity Kevin O' Leary Caught Lying Again
• Kevin O'Leary is a Despicable Con Man, Grifter, Business Bozo and Investment Moron
• Con Artist Kevin O'Leary Breaks Federal Trade Commission Law Again
• Kevin O'Leary Exposed as a Huge Con Man and Scam Artist by Leading Investment Expert
• Leading Investment Authority Rips FTX Paid Whore Kevin O'Leary Apart
• Kevin O'Leary's is a Scam Artist and His ETFs Are Terrible and Come With Huge Fees
• Fake Investment Guru Kevin O' Leary Proves He's an Investment Idiot, Con and Scam Artist
• Exposing Jewish Con Artists Kevin O'Leary, Graham Stephan, Ricky Gutierrez and Tim Sykes
• Jewish Clown Kevin O' Leary Gets Promoted by the Jewish-Run Media as an Expert
• "Scam Tank" Con, Kevin O'Leary Keeps Proving He's a Greedy and Dishonest Scam Artist

O'Leary's fellow Jewish tribesman and "star" of fake reality TV show "Scam Tank", Mark Cuban did the exact same thing as O'Leary.

That is, he trashed cryptocurrencies a few years ago stating that they had "no intrinsic value. "

Cuban went on to insist that bananas had more value than cryptocurrencies.  

But just like O'Leary, Cuban later changed his tune.

He began praising cryptocurrencies after realizing the opportunities to manipulate pricing using his media celebrity status and fake perception of being a "great" investor.

Eventually, Cuban realized he could make even more money shilling for cryptocurrency scams.  That's when he partnered himself and his NBA team the Dallas Mavericks with Jewish CEO and founder of Voyager Digital, Steve Ehrlich. 

Fortunately, many of these scum bags are being sued.

See here, here, here, here, here, here, and here. 

And then we have Anthony Scaramucci. This pseudo-fund manager, media whore, and scheming Jewish weasel always seems to go overboard to convince the public he's Italian.

His family might be from Italy, but I can assure you he isn't Italian.

Scaramucci has a Jewish bloodline. 

Scaramucci stands out as being one of the Wall Street professionals who promote cryptocurrencies as a legitimate investment. 

By September 2022, Scaramucci announced a business partnership with Sam Bankman-Fried and FTX after begging Bankman-Fried to purchase a 30 percent stake in his firm SkyBridge Capital. 

Although Scaramucci denied reports that he needed a cash infusion due to poor performance of his funds, I believe he was lying because his funds sustained large losses even before the collapse of FTX. 

Furthermore, Scaramucci publicly admitted the business partnership and investment into his firm by FTX was meant to help FTX expand its reach. That means Scaramucci was a participant in the FTX Ponzi scheme.  See here, here. here, and here. 

Given that SkyBridge Capital operates primarily as a fund of hedge funds, I consider Scaramucci as a  bogus fund manager because his fund simply invests in other hedge funds, rather than making direct investments. Therefore, investors are paying at least two fees (a management fee for the hedge funds he invests in plus the management fee for SkyBridge) and possibly up to four fees (the two management fees already mentioned plus carried interest fees for the funds along with SkyBridge) for merely selecting hedge funds to invest in.

Let me be clear about this. All fund of hedge funds are overpriced crap that underperform the S&P 500 Index over the long term.  The fund of funds structure has been designed to extract money from investors while doing very little work. 

Take a look at this weasel and tell me you believe he knows anything of value about investing.  

He doesn't, which is why he runs a fund of funds. 

How Scaramucci isn't being sued and brought up on securities violations due to his involvement with FTX remains a mystery. This should confirm that "Jewish Privilege" is alive and well. 

Interestingly, some of the Jewish scam artists who shilled cryptocurrencies and even promoted crypto Ponzi scheme ring leaders escaped investigation by authorities most likely as a result of "Jewish Privilege." 

• Cryptocurrency Shill Jon Najarian Touts Voyager Digital Days Before Bankruptcy 
• CNBC's Jon Najarian Promotes "Crypto King" Ponzi Scheme Crook John Caruso
• Raoul Pal Pumps Bitcoin in Order to Grow His Customer Base
• Jewish Charlatan Raoul Pal's BS Exposed
• Raoul Pal Did Not Predict the 2008 Financial Crisis. He is a HUGE Liar.
• More Yahoo Paid Promotion of Jewish Idiots (Raoul Pal) Disguised as "News"
• Casey Research, Agora Financial, Glenn Beck and the Cryptocurrency Con

Finally, we have Jewish con artists Elon Musk, Cathy Wood, Jack Dorsey, and Michael Saylor.

This gang of scam artists have led the push of main street into cryptocurrencies using all kinds of ridiculous, manipulatory rhetoric along with the predictable "freedom" pitch.

Unfortunately, the blatant manipulation of cryptocurrencies by these individuals has never been investigated.  

Again, the absence of federal investigations into cryptocurrency manipulation by these and other Jewish individuals confirms that "Jewish Privilege" is alive and well. 

The Biggest Winners from the Cryptocurrency Scam Are the Jewish Mafia

Wall Street players, venture capitalists, and other large investors launched their own coins, NFTs, and crypto exchanges in order extract money from millions of suckers who fell for cryptocurrency rhetoric spread by crypto cons and frauds. 

Let's not forget that the media was onboard pumping cryptos as well by providing airtime to crypto promoters and scam artists. 

• Jim Cramer Recommends Coinbase for "Long Haul" (April 13, 2021)
• CNBC "Expert Trader" Jon Najarian Touts Voyager Digital Days Before Bankruptcy
• CNBC's Jon Najarian Promotes "Crypto King" Ponzi Scheme Crook John Caruso
• Will CNBC Be Shamed for Glamorizing Cryptocurrency Crooks Like Sam Bankman-Fried?
• Leading Investment Authority Rips FTX Paid Whore Kevin O'Leary Apart
• FTX Parasite Promotor and Media Celebrity Kevin O' Leary Caught Lying Again
• Jewish Scam Artist Jim Cramer Pumped Cryptocurrencies at the Peak
• Hollywood Puppet Matt Damon Shills for Cryptocurrencies Which Collapse Soon After
• Tony Robbins - Another Con Man Who Promoted Cryptocurrencies

Jewish VCs like Marc Andreessen, Peter Thiel, Tim Draper, and Barry Silbert have been among the most prominent players from the fund management side. But there are many other Wall Street players who have intentionally remained under the radar for good reason.  

Vulture Capital Swindlers Joke About Dumping Worthless Cryptocurrency onto Retail Stooges

The image below depicts some of the more influential Jewish individuals behind the crypto fraud. There are many others, perhaps in the thousands.  

I find it ironic that the Jewish-controlled media is already trying to place blame for crypto scams on White people. 

See Jews Are Already Trying to Blame White People for the Cryptocurrency Ponzi Scheme

There's also a few "outsiders," or so you'd think, like Binance founder Changpeng Zhao.

But even Zhao is in bed with the Jewish mafia, having been funded by several Jewish-run investment firms and investors.

Moreover, through Binance, Zhao invested large amounts of money in Jewish social media firm Twitter and known media boiler room, Forbes.  

Here's Where We Are Today

Despite making public statements that around 1000 illegal ICOs were in the market along with large cap coins, Gensler did nothing about it upon entering as Chair of the SEC in April 2021.

Let me remind you of some statements made by Gensler.

"As I currently see things, though, there is significant non-compliance with respect to many ICOs and other crypto-tokens."

"There are likely over 1000 ICOs launched tokens in significant non-compliance. Add to this the possibility of some noncompliant large-cap tokens."

Reference: Gary Gensler: Remarks at the Business of Blockchain event (April 23, 2018)

After recent crypto collapses (notably FTX) Gensler and the SEC have come under pressure to start going after the (illegal) cryptocurrency industry. 

The SEC is finally being forced to do what it should have done more over a decade ago only after main street lost hundreds of billions of dollars to Wall Street.

Does this story line sound familiar?  

Unfortunately, the measures taken by the SEC are too little, too late. 

Hey Gary, where are the 1000 lawsuits? 

Forget the lawsuits. All cryptocurrencies should be banned.  

But Gensler and his buddies don't want to go after the cryptocurrency industry with full force because the Jewish mafia is making huge amounts of money from the sheep.

And remember, there's no regulation making the theft all but too easy.   

The real question is why Gensler and the SEC failed to go after the criminal crypto industry all these years.

Given that the SEC, CFTC, and the financial services industry are controlled by the Jewish mafia, the answer to this question should be apparent.   

If you still aren't convinced that Gensler is working for the Jewish mafia, take a look at this recent development SEC Approves First Ever Leveraged Bitcoin Futures ETF.

Not long after, enemy of the people, Blackrock chief Larry Fink filed to launch a spot bitcoin ETF. 

Crypto is 'digitizing gold' and bitcoin has the power to 'revolutionize' finance, BlackRock CEO says  

I'm willing to bet Fink will get his wish not so far into the future. After all, he is part of the Jewish mafia.  

This is not going to end well at all, except for Wall Street and the Jewish mafia.  

The following video was taken from a live stream on YouTube in June 2022, more than five months before FTX filed for bankruptcy. It was removed by YouTube for "hate speech."

1 Note that when I use the designation "Jew(s) or Jewish" I am NOT referring to religion. I am referring to bloodline because it's the bloodline that matters. The Jewish bloodline determines the upbringing and indoctrination of Jewish individuals. Therefore, it is possible that from my definition of Jews, the U.S. might possibly consist of a slightly higher percentage of Jews than the consensus of less than 2 percent.  

2 A comprehensive definition of the Jewish mafia is beyond the scope of this discussion, but we will provide a very brief overview.

When we refer to the Jewish mafia, we are not pointing to religion. We deem religion as a possible contributory factor, but is not mandatory to qualify a Jewish individual as a member of the Jewish mafia. We do not necessarily consider the practice of Judaism to be a significant factor qualifying a Jewish individual to be a member of the Jewish mafia. Although many of the tribal characteristics seen in the Jewish mafia are taught by Judaism,  Jewish youths do not need to practice Judaism in order to develop this tribal nature because it is taught to them by their parents, mainly their mother.  Jews are taught at an early age that everyone is out to get them. They are educated about the Holocaust myths as proof that the world is out to get them, so they must stick together to fight Gentiles. 

As adults, many Jews choose to not practice Judaism. But most Jews maintain an intense sense of tribalism. Tribalism is natural to all races and ethnicities. However, the tribalism seen by Jews is extremely racist, toxic and leads to many problems for others (Gentiles and Jews alike).

Therefore, when we point to the Jewish mafia, we are referring to the intense tribalism practiced by certain Jewish people. This tribalism is the most extreme in the world and is rooted in both the Jewish culture and Judaism.  The tribalism practiced by the Jewish mafia takes the stance of "Us" versus "Them" whereby "Them" are seen as everyone else. The tribalism can be expressed by the following phrase..."We must always do what's best for the Jews." 

Jewish tribalism often leads to widespread fraud by Jews against Gentiles. Despite their often polite and friendly behavior, Jews are the most racist people in the world. They believe they are supreme over all other races because this what they were taught growing up as a child. It's also taught in the Talmud.  If you play close attention, you can sometimes spot this supremacist attitude even on TV.  

It's important to understand that most Jewish people do not practice Judaism. A large percentage of Jewish individuals are either agnostic or atheists, while a significant percentage of Jewish individuals practice Christianity.

We have no religious interests whatsoever other than elements that intersect with the cultural aspects of those who practice a given religion. 

We hold the view that all religions were created to control large populations. Thus, we are not concerned with variations of different religions. 

We believe the main objective of the Jewish mafia is to enrich the lives of Jews by any means necessary and at the expense of Gentiles.

If a Jewish individual holds a prominent position in an industry that is dominated by the Jewish mafia, we consider such individuals as members of the Jewish mafia. The media is a good example of this. In this instance we include only those individuals who work as producers, editors, directors and talking heads of the media.  

However, there are some Gentiles that we include as members of the Jewish mafia. In all cases, the Gentiles included in the Jewish mafia are very influential and wealthy and are intermingled with Jewish interests through business and finance. Many of these Gentiles may be crypto-Jews. Money rules these Gentiles, which is why they fail to see how they are damaging humanity, or else do not care that their greedy endeavors have created many grave consequences for the world. 

Although the most obvious qualification a Jew must possess to be a member of the Jewish mafia is a high status in business, finance, politics, or high standing in any other field of influence, we consider any Jewish individual who serves as an apologist or denialist of the facts surrounding the actions and consequences of the Jewish mafia to also be a member because they are acting as protectors and apologists of the Jewish mafia. 

In addition to a wide range of criminal activities, the Jewish mafia has been able to create, remove and alter laws that enable them to game the system in a way that makes it difficult for their criminal activities to be discovered.