City of London Banksters & Wall Street Have Created Cryptocurrency Scams/Gambling

Gee Whiz: Cryptocurrency Turns Out To Be Yet Another Speculative Scam Set Up by the City of London and Wall Street

Sept. 5 (EIRNS)—A British online publication called UnHerd has exposed the shocking revelation that the whole “cryptocurrency movement, the very rebellion that set out to defeat their hegemony [of Wall Street and the Federal Reserve] has provided them with the necessary technology to become even more dominant…. Blockchain has become the center of the financial elite’s new-age banking system. Indeed, behind the scenes, they’re going all in on crypto.” The Sept. 3 article reports that “using its very own cryptocurrency, the world’s largest bank JPMorgan has completed its first ‘interbank crypto trade’ with fellow Wall Street titan Goldman Sachs.” The article goes on to argue that the Fed is poised to bail out the entire crypto bubble at the point it predictably explodes.It would appear that UnHerd is speaking as an authority on such matters. It is a British online magazine set up and bankrolled from the outset (July 2017) by Paul Marshall, the co-founder and chairman of Marshall Wace, one of Europe’s largest hedge fund groups. Wikipedia further enlightens us that Marshall Wace “started with $50 million, half of which was from George Soros,” and that they recently opened an office in China. “Prior to founding Marshall Wace, Marshall worked for Mercury Asset Management, the fund management arm of S.G. Warburg & Co. He is a member of the Hedge Fund Standards Board.” [dns]