{"id":78193,"date":"2023-05-03T09:42:27","date_gmt":"2023-05-03T06:42:27","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=78193"},"modified":"2025-09-11T03:37:27","modified_gmt":"2025-09-11T00:37:27","slug":"robert-f-kennedy-jr-john-f-kennedys-nephew-criticised-the-sec-for-a-war-on-crypto","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/robert-f-kennedy-jr-john-f-kennedys-nephew-criticised-the-sec-for-a-war-on-crypto\/","title":{"rendered":"Robert F. Kennedy Jr., John F. Kennedy&#8217;s nephew, criticised the SEC for a &#8216;war on crypto&#8217;"},"content":{"rendered":"<p>Robert F. Kennedy Jr., nephew of the 35th US president John F. Kennedy, criticised <span data-descr=\"U.S. Securities and Exchange Commission\" class=\"old_tooltip\">SEC<\/span> and <span data-descr=\"Federal Deposit Insurance Corporation\" class=\"old_tooltip\">FDIC<\/span> for a &#8216;war on crypto&#8217; that has sparked a banking crisis in the country.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Ellen Brown makes a strong case the FDIC\/SEC war on crypto caused failures of SVB, Signature, and Silvergate banks. FDIC and SEC have no authority to wage an extra-legal war on crypto that leaves major banks as collateral damage. <a href=\"https:\/\/twitter.com\/hashtag\/Kennedy24?src=hash&#038;ref_src=twsrc%5Etfw\">#Kennedy24<\/a><a href=\"https:\/\/t.co\/HMZuW7Rr1H\">https:\/\/t.co\/HMZuW7Rr1H<\/a><\/p>\n<p>\u2014 Robert F. Kennedy Jr (@RobertKennedyJr) <a href=\"https:\/\/twitter.com\/RobertKennedyJr\/status\/1653412637844144128?ref_src=twsrc%5Etfw\">May 2, 2023<\/a><\/p>\n<\/blockquote>\n<p> <script async=\"\" src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>&#8220;Ellen Brown makes a compelling case that the SEC\/FDIC war on crypto led to the collapse of the banks <span data-descr=\"Silicon Valley Bank\" class=\"old_tooltip\">SVB<\/span>, Signature Bank and Silvergate,&#8221; he wrote in support of the article &#8220;How the War on Crypto Provoked the Banking Crisis&#8221;.<\/p>\n<\/blockquote>\n<p>According to the US presidential candidate, the SEC and FDIC lack the authority to wage a &#8216;war on crypto&#8217; that leaves major banks as collateral damage.<\/p>\n<p>In April, Kennedy Jr. <a href=\"https:\/\/forklog.com\/en\/news\/john-f-kennedys-nephew-criticises-cbdc-and-speaks-in-defence-of-bitcoin\">criticised CBDC<\/a>, describing it as &#8216;the ultimate mechanism of social monitoring and control&#8217;. He was joined by Florida Governor Ron DeSantis.<\/p>\n<p>In the same month, House Republican Leader Tom Emmer <a href=\"https:\/\/forklog.com\/en\/news\/u-s-congressman-accuses-sec-chief-of-hindering-crypto-industry-development\">criticised<\/a> the approach of SEC Chair Gary Gensler to oversight of digital assets.<\/p>\n<p>In March, Coinbase CEO Brian Armstrong said that the SEC&#8217;s regulatory policy toward cryptocurrencies <a href=\"https:\/\/forklog.com\/en\/news\/coinbase-chief-calls-sec-policy-ruinous-for-us-financial-sector\">could negatively affect the United States&#8217; financial position<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Robert F. Kennedy Jr., nephew of the 35th US president John F. Kennedy, criticised the SEC and the FDIC for a &#8216;war on crypto&#8217; that has sparked a banking crisis in the country.<\/p>\n","protected":false},"author":1,"featured_media":78194,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1725,1138,36,128],"class_list":["post-78193","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-fdic","tag-opinions","tag-regulation","tag-sec"],"aioseo_notices":[],"amp_enabled":true,"views":"13","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/78193","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=78193"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/78193\/revisions"}],"predecessor-version":[{"id":78195,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/78193\/revisions\/78195"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/78194"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=78193"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=78193"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=78193"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}