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Great sleuthing work.

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This story is HUGE... Basically what Matt is saying is that for Crypto to keep the Ponzi Scheme going it had to bring in massive amounts of cash. To get that cash it needed institutional money. To get the institutional money it needed the CFTC to regulate it.

And finally is shows that the Republican on the CFTC were both bought off cheaply on on board with regulating Crypto. But the Democrats were not so easy to buy off. That is why SBF had to lavish Democratic leadership with gobs and gobs of money....

Brilliant!!!

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