Recent Government Actions Against Crypto Ecosystem

By Keith Thuerk | New to Crypto's? | 18 Jan 2021

Recent Government Actions Against Crypto Ecosystem

Updated 1/19/21 Iran Reportedly blames Bitcoin miners for massive power outages across the country!

1/18/21 - Australian Bitcoin Trader Takes Banks to Tribunal After Sudden Account Closures -

1/18/21 Iran Reportedly Seizes 45K Bitcoin Mining Machines After Closure of Illegal Operations -

1/6/21 Iran Shuts Down 1,620 Cryptocurrency Mining Farms -

1/18/21  India Seizes Bitcoins Worth $1.2 Million From Hacker of Government Website and Crypto Exchanges -

1/15/21 South Korean court has sentenced the former CEO of the defunct crypto exchange Coinnest to 18 months in prison -

1/12/21 U.S. has sentenced a cryptocurrency exchange owner to 10 years in prison -

12/8/20 - SEC sues Ripple -

Add in a sprinkle of a Global Group such as IMF intervention - They bashed Crypto's w/ broad damaging statements last week which caused a large pullback.

Summary - Don't get me wrong I see value in locking up racketeering individuals and firms, But wondering do you see any other patterns here?

Still in love with the whole Idea that CBDC's  are a great idea? Need more proof? 

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Keith Thuerk
Keith Thuerk

Currently learning about Crypto & DeFi to combat the Inflationary Tidal wave coming our way!

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