FDIC Chairman Martin Gruenberg — Bitcoin Foe — Stepping Down

Good Riddance, Martin Gruenberg

Martin Gruenberg, Chairman The U.S. Federal Deposit Insurance Corp. (FDIC), announced today that he’ll be stepping down on January 19, 2025, one day before Trump Takes office

I’d like to take this opportunity to tell Mr. Gruenberg It is important that he does not hit the door on his way out.

The FDIC chair was a key player behind Operation Chokepoint The second version of the software (as well Operation Chokepoint), which included the unlawful debanking of a number of Bitcoin And crypto companies, who almost sparked a global economic crisis.

During This term is not for you. Gruenberg The FDIC was directed to take unlawful actions against banks that served the Bitcoin Crypto industry is politically unfavorable.

Gruenberg said he’d be leaving his post in May of this year, after reports of sexual harassment, bullying and discrimination occurring within FDIC under his watch surfaced but didn’t offer a date for his departure until today.

There are a number of prominent voices within the Bitcoin Crypto industry speaks against Gruenberg, in the last two years. Most The most prominent of these was Castle Island Ventures Partner Nic Carter.

While Gensler The most hated regulator by the public is likely to be the Bitcoin Crypto industry under the Biden Administration, Gruenberg Will be a close third.

As We move forward with the new administration, which has promised to be more fair. Bitcoin Let us celebrate the exit of the crypto industry. GruenbergA corrupt bureaucrat who abused his power to try and stop a growing industry.

This Article is a Take. Opinions expressed are entirely the authYou can also find out more about's and do not necessarily reflect those of BTC Inc or Bitcoin Magazine.

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