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900 days, from the "fraudster" at the hearing to the White House celebration banquet
Three years ago, talking about crypto at the dinner table, relatives thought you were getting into pyramid schemes.
Today, Trump at the cabinet meeting equates crypto and "the stock market hitting 68 new highs" as achievements.
In these 900 days, how did we turn things around?
1. 2022: The rat crossing the street
Luna collapsed, FTX went bankrupt.
Gary Gensler sat in Congress pointing at the screen: the entire industry should be liquidated.
Media headlines every day—scams, air, money laundering.
Project teams dare not return to China, KOLs dare not show their faces.
That’s not a bear market, that’s shameful.
2. No one grants justice; it’s fought for punch by punch
ETFs approved, Wall Street grudgingly entered.
Billions of dollars spent on lobbying during election years, turning into a voting bloc both parties dare not offend.
Ripple, Coinbase… one case after another, nibbling away at the boundary between "security or commodity."
3. May 28: Three major events
First: CFTC admits mistake
Acknowledges that prosecuting Gemini in 2022 was a wrongful case, "should not have been filed."
The judicial system covering for overzealous regulators. The regulators who chased us back then, now face their own slap in the face.
Second: New CFTC lawsuit
Suing Polymarket for insider trading, using the Commodity Law, following judicial procedures.
In plain language: from "you’re illegal, I’ll wipe you out" to "you can exist, but follow the rules."
Prediction markets now have room for compliance discussions.
Third: Trump points out
"Gary Gensler and the anti-crypto army almost destroyed the US crypto industry."
Then, at the cabinet meeting, equates crypto with "the stock market hitting 68 new highs" as governance achievements.
The "criminals" questioned at the hearing three years ago are now the "achievements" celebrated at the White House banquet today.
4. Walking the hundred-year road of Wall Street
We no longer need to prove "I am not a scam."
The new question is: how to operate compliantly? Where are the boundaries of on-chain prediction markets?
Division has begun. But the overall direction is irreversible.
BTC prices may still fall, FUD will still come.
But no one can casually point at us and say "scam."
No politician can easily shout "ban crypto."
"Three years ago, crypto was questioned at the hearing; three years later, it is celebrated in the White House cabinet meeting. In these 900 days, the industry has walked the hundred-year road of Wall Street."#股票交易挑战最高赢17000U $GT $ETH $BTC #24h加密合约清算破4亿美元