The CEO of Citadel Securities, Ken Griffin, backed by Sequoia and now expanding in China (just met with Xi Jinping) has donated $4 million to @SpeakerJohnson's PAC and $7 million to @LeaderMcConnell PAC. This is how the CCP quid pro quo works; buy DC malfeasance, expand in China!
Like FTX's CEO SBF, Griffin likely also personally invests in Sequoia's funds - most of their portfolio CEOs do. Thus, Johnson and McConnell are receiving donations from a ByteDance TikTok) investor.
Independent SEC is responsible for enforcing laws. It reports neither to the White House nor to Hank Paulson. It reports to Congress. Last time Biden used SEC as a geopolitical tool —2013 MOU w/China— he allowed Chinese companies to violate US laws. 2/3 dailytorch.com/2020/08/joe-bi…
Months later, the Biden's were set up with investment funds by Goldman and Bank of China. A thank you for the China MOU to not follow our laws. CCP won, Goldman won w/fees, Biden won with funds, and American People lost. 3/3 sec.gov/edgar/search/#…
The SEC (Hinman/Clayton) stated the following under the enforcement section of the considerations: “As a result, investors in China-based Issuers [companies] may not benefit from a regulatory environment that fosters effective enforcement of U.S. federal securities laws” 2/7
You can't make this stuff up. The SEC is executing a policy that gives Chinese companies a hall pass with no enforcement, benefiting Chinese owners, but they have zero problem using enforcement as a tool for regulation in crypto - most investors harmed reside in the U.S. 4/7