• MetaLawMan shares insights on the government’s well-executed plans to crumble the crypto market.

• The market faced a catastrophe in March 2023, as the government launched a severe clampdown in 18 days.

• The enthusiast stated that the government will continue attacking the market, and the community needs resilience.  

In an X post titled “A stroll down memory lane,” crypto enthusiast James Murphy, aka MetaLawMan, revisited the U.S. government’s alleged plan to “asphyxiate” the crypto industry. He recalled the crypto sector’s severe downturn in March 2023, triggered by a stringent government crackdown that unfolded over just 18 days.

A stroll down memory lane.

Our government executes a well coordinated attack to asphyxiate the crypto industry.

18 days in March 2023. https://t.co/DUf0EWEKOD

— MetaLawMan (@MetaLawMan) September 22, 2024

In a series of X posts during March 2023, MetaLawMan chronicled the government’s systematic actions against the crypto space. He provocatively stated, “When the history of crypto is written, this may be a March to remember.”

Key Events in the Crypto Crackdown

On March 8, 2023, the financial giant Silvergate announc…

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