It's an All-Out Attack on Crypto

This week, the SEC announced that it was suing Coinbase (NASDAQ: COIN) for its unregistered crypto-staking service and for selling unregistered crypto securities to the public. [Energy and Capital Header] Practical Investment Analysis for the New Energy Economy It's an All-Out Attack on Crypto Christian DeHaemer | Jun 07, 2023 It’s been a fun decade watching cryptocurrencies build from nothing into an unregulated $1.2 trillion industry, but even the Wild West was eventually tamed. And so it is that the SEC has been trying to subdue crypto. This week, it announced that it was suing Coinbase (NASDAQ: COIN) for its unregistered crypto-staking service and for selling unregistered crypto securities to the public. SEC Chairman Gary Gensler said in a statement: We allege that Coinbase, despite being subject to the securities laws, commingled and unlawfully offered exchange, broker-dealer, and clearinghouse functions. Coinbase’s alleged failures deprive investors of critical protections, including rule books that prevent fraud and manipulation, proper disclosure, safeguards against conflicts of interest, and routine inspection by the SEC. Coinbase shares sold off 17% before bouncing back. The stock is down from a high of $315, which it hit in 2021, to $51 yesterday. This 1,000x Supply-Demand Gap Could Mint Millionaires Airlines are in panic mode... They’re forced to replace kerosene with a new fuel. Seven airlines just committed to buying a total of over 1.5 BILLION liters of this groundbreaking fuel. And one little-known company is at the forefront of this massive story. It has signed multimillion-dollar agreements with some of the biggest aviation companies on the planet... Including Delta, American Airlines, British Airways, SAS, and Trafigura. [TT Airlines 2]( As this company is ramping up production, investors stand to rake in massive gains. It’s expected to increase its revenue by an eye-popping 266,721%. And investors who get in BEFORE this happens could turn every $1 into $10 or even $100. Keith Kohl reveals what exactly this fuel is, why airlines are buying every single drop available right now, and how you can get in on this billion-dollar windfall in his latest presentation. [Get the full story here.]( Coinbase’s lawyers replied that the lack of clear rules for crypto make it impossible to comply and that Coinbase would continue to do what it was doing. I’ll See You in Court Earlier in the week, the SEC sued Binance, the world's largest crypto exchange, as well as another exchange called Gemini, charging them both with the same crime of not being regulated. The SEC is moving across the board to reel in the crypto industry. According to The Wall Street Journal: The solution, Gensler says, is for crypto exchanges to break themselves apart, separating their order-execution, brokerage, and clearing functions. The resulting structure would better resemble how Wall Street operates, with stock exchanges, brokers, and clearing firms functioning as separate businesses that follow rules tailored to their operations and risks. Crypto exchanges respond by saying coins aren't equities, and they aren’t Wall Street, and coin developers can’t provide financial disclosures like a public company. In any case, it will be fought out in the courts. The Income Play of the Decade Fortune 500 companies like Amazon, Kroger, Walmart, and many more are now being FORCED to pay three warehouse "landlords" millions... And they’re sending a dedicated cut of this money directly to partners like you and me EVERY SINGLE MONTH! All you need to do is stake your claim and you could be receiving your first check within 30 days. [Here’s everything you need to get started...]( This should be good for unregulated, decentralized coins like Bitcoin, which you can keep in your personal wallet. In fact, BTC was up 3.68% against the dollar yesterday to $26,695. FedNow For those conspiracy theorists out there, it should be noted that this attack on the crypto markets coincides with the release of FedNow. FedNow is a money service created by the Federal Reserve for large banks in the U.S. It will allow individuals and businesses to send and receive instant payments 24 hours a day, seven days a week. Banks will use it as a platform from which to build products, and it is expected to lower transaction costs by 80%. Many people see FedNow as the groundwork for [a centralized digital dollar](, which brings up all sorts of Orwellian possibilities for a tyrannical government to manipulate. FedNow started as a pilot program in April with a full launch slated in July. You can read more about it [on the FedNow website]( or [you can check out my free presentation here](. All the best, [Christian DeHaemer Signature] Christian DeHaemer [[follow basic]Check us out on YouTube!]( Christian is the founder of [Bull and Bust Report]( and an editor at [Energy and Capital](. For more on Christian, see his editor's [page](. [Fb]( [Li]( [Tw]( This email was sent to {EMAIL}. You can manage your subscription and get our privacy policy [here](. Energy and Capital, Copyright © 3 East Read Street, Baltimore, MD 21202. Please note: It is not our intention to send email to anyone who doesn't want it. If you're not sure why you're getting this e-letter, or no longer wish to receive it, get more info [here]( including our privacy policy and information on how to manage your subscription. If you are interested in our other publications, please call our customer service team at [1-877-303-4529](tel:/18773034529).