US war on crypto is fake and somebody will get rich on it.

Yes, the "war on crypto" is just a way to temporarily dump the charts, so the big finance can take the control of the crypto sector. It'd an old trick and an obvious one. Land of the free is copying China again.

I really would like many to realize that it's just a smoke for a narrow group to get richer. Crypto is such a lucrative business there is no way, they don't want to get as much money from it as they can. And because crypto is so strong they need to hurry. They don't want any of the current big crypto entities to dominate. They want to do that themselves. They believe they're the only one who has right to do that. They will use their connections to squish rivals as much as they can.

One year or slightly more from now crypto will be fully regulated and of elite's most favorite and encouraged investments. Those behind these machinations never admit to manipulation or that they're wrong. Despite being "the reputable" traditional investment organizations they can switch from "crypto is for terrorists" to "crypto is the future" in one day, like nothing they said before carry any weight, and they will do that again. That's literally the only reason of what is now going on.