We previously reported on the mess the former SEC chairman put Ripple / XRP into on his last day in office. Today, this same former president is working with Democratic Senator Mark Warner and others in an effort to win a few million last minute on crypto amendments in the Senate massive infrastructure bill.
On his last day at the SEC, former Chairman Jay Clayton took on the cryptocurrency XRP. His actions came out of nowhere and put Bitcoin, with which Clayton had connections, in a better light by attacking one of its main competitors.
“Century’s financial history continues to be ignored” SEC’s case with crypto innovator Ripple Labs heats up
The XRP case is still pending, although the government’s position is still weak. But more Clayton shares were not known this weekend.
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Corrupt Virginia Senator Mark Warner pushed for last-minute changes to the infrastructure bill this week. Out of nowhere, Warner made these changes that aligned with former SEC Chairman Clayton. Ironically, two of Warner’s top three donors are Apollo Global Management and Goldman Sachs. Clayton is the new president of Apollo.
Well that’s a great coincidence. pic.twitter.com/mtIdiizPDY
– Investor Digital Asset Researcher / Wild Speculator (@digitalassetbuy) August 8, 2021
These efforts are not for the good of the country or the crypto industry. They are for Mark Warner.
It appears that Warner and Clayton are working together in a last-minute infrastructure bill effort to make a few million for themselves. Warner and the DC Swamp is for sale to the highest bidder.