President-elect Donald Trump has nominated Matt Gaetz to be the subsequent legal professional normal of the US. Gaetz is a former consultant from Florida who was underneath investigation by the Division of Justice (DOJ) and Home Ethics Committee for sexually trafficking minors and who took half in efforts to stop votes from counting in 2020.
This nomination attracts higher consideration to the connection between Gaetz and the crypto business, a frequent goal of the DOJ.
Joel Greenberg
Joel Greenberg, the previous Seminole County Tax Collector, was one of many people who was cooperating with the DOJ in its investigation of Gaetz.
Greenberg, who’s a long-time affiliate of Gaetz, admitted that he had paid a 17-year-old lady for intercourse. The New York Instances reported that he advised prosecutors that Gaetz additionally had intercourse with the lady.
Greenberg has repeatedly discovered methods to combine bitcoin and crypto into his prison and unethical conduct. These actions embrace supposedly providing Roger Stone $250,000 in bitcoin in alternate for Stone advocating for a pardon for Greenberg.
Moreover, Greenberg used public funds to buy bitcoin mining machines, which he attached at a public constructing and subsequently misplaced in a fireplace.
Moreover, Greenberg usually contracted Keith Ingersoll for work by the Seminole County Tax Collector’s Workplace. Ingersoll was one of many executives behind the Natural Recent Coin rip-off, which was operated in cooperation with the late Mikhail Morgulis, an Honorary Consul of Belarus to the Florida Consulate. Ingersoll has been sentenced to 9 years in jail for fraud.
Matt Gaetz’s crypto insurance policies
Gaetz himself additionally has a number of insurance policies that the cryptocurrency business appears to assist, receiving an A grade from Stand With Crypto.
One of many issues elevating his grade is that Gaetz has proposed a invoice that will require the Inner Income Service to simply accept bitcoin as fee for revenue taxes.
Moreover, he has supported the Monetary Innovation and Expertise for the twenty first Century Act (FIT21) and has advocated towards the Federal Reserve providing Central Financial institution Digital Currencies (CBDCs) to shoppers.