The $XRP community was right about ETHGate. It might be Bigger than the FTX Scandal🚨

Thread🧵 🧵 1/5 The #ETHGate scandal is unraveling, echoing the controversial formation of the Federal Reserve in 1910. Former SEC Chairman Jay Clayton and Director William Hinman are at the heart of this, with connections to ConsenSys and Ethereum that raise eyebrows.

It is important to understand that the French protests cannot be reduced to mere opposition to the raising of the pension age, as some portrayals in the US suggest. Protesters occupied the Paris HQ of BlackRock. #BlackRock has heavily invested in commercial real estate ventures, many of which were identified as problematic as far back as 2010, being riddled with CDO bombs that contributed to the US housing market's collapse in 2008.

The BlackRock Files. (Part 1)

The media may hide it, but it is important to note that BlackRock has significant influence and ownership not only in the traditional financial sector represented by Wall Street, but also in the emerging cryptocurrency market.

Thread: 🧵 To understand, we need to go back to the Great Recession. June 11th, 2009.

BlackRock acquires Barclays Global Investors for $13.5B, doubling their assets to roughly $2.7T and giving them access to retail investors and popular ETFs.