July 18, 2023
A cartel of organized crime and money-launders actively manipulate the price of Bitcoin through the use of Tether and other crypto-ponzi schemes. To approve an ETF or any other indexed-Bitcoin product would be a disservice to the public. The industry considers normal people to be marks and easy targets for fraud.
Please deny this proposal and any future proposals for a Bitcoin ETF. They only serve to perpetuate fraud, rob retail traders, and provide a source of clean money for money-launderers.
Respectfully,
Joseph