The New Crypto Bill Has a Massive Red Flag | Dana Love, PhD

Dana Love, PhD breaks down what actually happened in the Senate Banking Committee's CLARITY Act markup, and why the Warren-Kennedy fight that ran on every crypto feed was the distraction, not the story.

Four amendments died in that room without coverage. One creates a federally licensed pathway for token sales to retail investors, the first in American history, using a mechanism that has extracted billions from retail over the past eight years. Another was an ethics provision so overbuilt it was never going to pass, and may be the reason this bill never becomes law.

If you hold crypto, build in crypto, or are thinking about either, this is the analysis you need.

The Token Trap, the book that documents eight years of this mechanism running without constraint, is available now:
https://www.amazon.com/Token-Trap-Venture-Capitals-Betrayal/dp/B0GRN1XPFT/
https://www.TheTokenTrap.com

Chapters
00:00 The Story Behind The Committee Meeting
01:30 The Distraction
04:54 The Capture
09:47 The Red Flag

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