Cohn’s Role in the Crypto Turmoil
There is a complex narrative unfolding in the crypto world that deserves more attention. Ripple has recently won part of its lawsuit against the SEC, but not everyone is happy about it, especially those behind EthGate. The question arises: what is Gary Cohn’s involvement in this crypto turmoil? Let’s delve into the details.
Cohn’s Tangled Web
- An investigation by Cowboy.Crypto on Twitter reveals a complex web of investments and relationships involving Cohn, Sterling Trust Sciences, Ripple, Jump Crypto, FOMO Pay, and IBM.
- The connections between these entities have potentially influenced the lawsuit against Ripple.
- Cohn’s positions at Sterling Trust Sciences and later at IBM raise eyebrows.
The Mysten Labs Connection
- Cohn, Jay Clayton, and others have vested interests in Mysten Labs, a company involved in a $300M funding round.
- Ripple continues to expand its services in the UK and Ireland, gaining influence across Europe.
ETHGATE Conspiracy Theory
- ETHGATE claims that Ethereum received special treatment from regulators while Ripple faced scrutiny.
- Financial regulators have been inconsistent in labeling certain cryptocurrencies as “unregistered securities offerings.”
- Ripple’s rival, Stellar, may have avoided issues by registering as a non-profit and publishing its source code.
Coindesk vs. XRP
- There seems to be a conflict of interest between CoinDesk and XRP due to intricate connections and vested interests.
- As Ripple grows stronger, some players may become uncomfortable.
An Intricate Web: The Bottom Line
The connections between Gary Cohn, various crypto entities, and the Ripple lawsuit present an intriguing picture. Whether Cohn is the puppet master behind EthGate remains to be seen. These revelations are sure to stir the pot in the crypto world, and there is much more to uncover. Only time will tell if this will unravel EthGate or add another layer to the already tangled web.
Hot Take: Uncovering the Intricacies of the Crypto World
The crypto world is filled with intricate connections, conflicts of interest, and hidden agendas. The recent developments surrounding Gary Cohn and the Ripple lawsuit highlight the need for transparency and consistent regulation in the industry. As more information comes to light, it becomes evident that there is still much to uncover. The crypto world is a fascinating and ever-evolving landscape that requires careful navigation. It’s crucial to stay informed and question the motivations behind the actions of key players.