FED Deploys The WORST CRYPTO Regulatory Ban YET

In your nightly crypto news wrap-up, we bring you the top crypto stories. A Californian investor files a class action lawsuit against Solana, The Wall Street Journal puts Gary Gensler on blast for “holding investors hostage” and the U.S Office of Government Ethics doubles down on double standards.

The new ban from the Office of Government Ethics states that Officials who hold Crypto will not be allowed to work on Crypto policies, which effectively locks out anyone who understands the space. This double standard is one of the worst bans for the future of financial policy that the US has seen in years.

What We Discuss:
0:00 Intro
0:20 Solana Gets Sued
1:39 Market Watch with Frankie Candles
2:50 WSJ Calls Out Gensler
4:16 FED Crypto Ban

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Sources:

Solana DeFi Protocol Crema Loses $ 8.8M in Exploit


https://cryptonews.com/news/new-class-action-lawsuit-targets-solana-in-california.htm
https://storage.courtlistener.com/recap/gov.uscourts.cand.397697/gov.uscourts.cand.397697.1.0.pdf
https://www.wsj.com/articles/gary-genslers-bitcoin-land-grab-sec-hester-peirce-bitwise-grayscale-exchange-traded-products-11657144533
https://www.yahoo.com/video/grayscale-sues-sec-over-spot-052610810.html
https://beincrypto.com/us-bans-crypto-holders-from-working-on-government-policies/

#crypto #cryptonews #solana #solananews

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