Elon Musk's recent revelation of the secret de-banking of 30 tech entrepreneurs and the confirmation by Coinbase CEO Brian Armstrong, uncovers what could be one of the biggest financial scandals of the modern era. According to Armstrong, key figures such as Elizabeth Warren and Gary Gensler would have led a covert effort to destroy the cryptocurrency industry. This clandestine attack, described as "un-American and unethical", not only threatens confidence in the American financial system, but also fuels the fire of distrust towards the Biden administration's regulatory policies.
These actions represent not only a direct attack on technological innovators, but also a veiled attempt to centralize financial control, stripping citizens of access to decentralized tools that promote economic freedom. The alleged conspiracy reveals how the financial old guard, feeling threatened, has adopted draconian tactics to stifle competition. However, this coup has also sparked a global backlash: investors, businesses, and citizens in other countries are doubling down on cryptocurrencies as a refuge from the instability of traditional systems.
This episode could mark a turning point in the global economy. If these accusations are confirmed, cryptocurrencies would not only establish themselves as a symbol of resistance to systemic corruption, but also as a viable alternative to governments and regulators who try to stifle innovation. The impact will be long-lasting: an exodus of capital from the US to friendlier jurisdictions, the strengthening of cryptoassets as a tool for financial empowerment, and a crisis of credibility in American leadership. The question is: can cryptocurrencies survive when the enemy is not only the system, but those who control it?