I am writing as a concerned citizen about the so-called “strategic crypto reserve,” which appears to be nothing more than a scheme to artificially inflate select cryptocurrencies—ones that certain individuals and their allies have already bought at low prices. This manipulation allows them to sell high, while the rest of us are left holding the bag.
This is a direct threat to retirement security, financial stability for working people, and the integrity of our economy. We cannot allow public policy to be twisted into a personal profit machine for the well-connected. Congress must step in to stop this grift before more Americans are financially harmed.
I urge you to take action to investigate and put safeguards in place to protect everyday investors from these predatory tactics. We need transparency, accountability, and policies that prioritize economic fairness—not backroom deals that enrich a select few at our expense.
Thank you for your attention to this urgent issue. I look forward to your response on how you plan to address this.
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