Minneapolis Federal Reserve Bank President Neel Kashkari is back in the spotlight after claiming that cryptocurrencies are only useful for "buying drugs" or "other illegal activities."

- Kashkari claims that "very few transactions" happen in crypto.

- Experts like Nic Carter and Hayley Lennon criticize him for his misinformation.

- Chainalysis data shows that only 0.34% of crypto transactions are related to illegal activity.

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