#CFTCPurgeExposed Multiple CFTC officials who raised concerns about Polymarket, Crypto.com, and Gemini have been suspended or forced out 👀 All three companies have ties to the Trump family. The acting chair's senior advisor also serves as General Counsel at Gemini Titan. That's not a subtle conflict of interest 💀 Since the new administration took over: at least 5 crypto probes dropped. Enforcement cases went from 80+ to just 2 📉 Less enforcement sounds like a win for crypto. But officials getting purged for asking questions about politically connected companies? That's a different story entirely 🫠 Short-term: less regulatory pressure. Long-term: if the CFTC's independence is compromised, what happens to institutional trust in US crypto markets? Regulatory capture is only "good" until it isn't 🤔