Crypto Needs Investigations.

Crypto investigations are desperately needed.

I’m reaching out to ask Congress to please write the SEC Office of the Inspector General to request an immediate comprehensive investigation of the corruption of William Hinman. Empower Oversight (EO), an independent government watchdog, has obtained evidence of a potential damaging breakdown in ethics controls at the Securities and Exchange Commission involving William Hinman.

Also, I’m asking Congress to investigate Samual Bankman-Fried’s involvement with the fall of FTX and of many other crypto projects like NuGenesis, ICP, Celsius, Voyager, and so many others. Retail investors lost a lot. Samual Bankman-Fried, with the help of government supporters, tried to create control over decentralized projects to monopolize and centralize the crypto industry.

I write to Congress to support John Deaton suing the SEC for suing Ripple, BitBoy Crypto for investigating corruption in the crypto environment, and all cryptocurrency retail investors who continue to lose a once in a lifetime opportunity to become wealthy.

XRP is the third-largest cryptocurrency by market capitalization, behind Bitcoin and Ethereum. The total supply of XRP is 100 billion and no more will be created after that. Ripple Labs holds about 60 billion of the supply, but it has promised to lock 55 billion of those funds in a cryptographic escrow account until it can ensure that the RaiBlocks (XRB) price prediction for 20202 is around $5.00. RaiBlocks uses block-lattice architecture instead of blockchain technology.

The next six years predict massive growth, and the company has made some big moves to position itself as a leader in the cryptocurrency market. In January of this year, Ripple Labs Inc. announced that it had hired Kahina Van Dyke, former senior advisor to U.S. Deputy Assistant Secretary of State Richard Mills, as its new Director of Communications. Van Dyke will oversee global communications strategy and manage external messaging for Ripple Labs Inc.