Every day, we hear in the press how the Securities and Exchange Commission (SEC) is cracking down on cryptocurrencies. We hear that the Commodity Futures Trading Commission (CFTC) is starting a new investigation.

All year long, we’ve been under assault by rumors of central bank collusion against cryptos: threats of bans… endless investigations… and the ceaseless drumbeat of negativity from the traditional press…

And yet – amid this shower of negative news – careful observers will have noticed institutions are actually running into crypto investments.

You may think I’m talking about 2023. But I’m not. I wrote those words in July 2018.

I called it the Great Crypto Conspiracy of 2018. And the same villains behind that conspiracy are running a replay this year…

The Great Crypto Conspiracy Redux

In 2018, I told my subscribers that institutions were following the plot of the acclaimed HBO series Deadwood.

During the Dakota gold rush, regular folks who got in early made fortunes. These weren’t mining magnates or industrialists. Much like today’s crypto investors, they were savvy speculators pouncing on an opportunity.

What happened to all those early-stage prospectors?

In the fictionalized version of Deadwood, wealthy miner George Hearst (father of publishing magnate William Randolph Hearst) swindled them out of their mining shares.

This isn’t too far from the truth. According to rumors at the time, Hearst used intimidation, misinformation, and violence to force people to sell their claims. He even purchased newspapers in the town to influence public opinion.

Crypto investors will recognize the strategy Hearst used.

In a bid to buy in cheap, Hearst’s agents started to float rumors that the government would seize all land in the town. Prospectors believed the rumors — and sold their mining stakes for pennies to Hearst’s agents.

The conspiracy worked. Hearst and his partners bought the biggest mine in the region – Homestake – for a bargain-basement price of $70,000 ($1.7 million in today’s dollars).

Homestake would become the richest gold mine in U.S. history. From 1879 to 2002, the mine produced 44 million ounces of gold and 9 million ounces of silver.

At today’s prices, that’s a combined $86.2 billion in precious metals.

Here’s why I’m telling you this…

In December 2017, bitcoin had hit a then-all-time high of nearly $20,000. By June 2018, fear, uncertainty, and doubt (FUD) had beaten it down to nearly $6,100 – a massive 70% crash.

Soon after the crash, we saw Wall Street juggernauts like Goldman Sachs, State Street – and even billionaire investor George Soros – get into crypto.

When we entered the next crypto bull market, bitcoin exploded to nearly $70,000.

I don’t know about you, but that looks a lot like the Deadwood plot to me.

Yet this time around, I think the perpetrators of today’s crypto conspiracy have something slightly different up their sleeves…

Gary Gensler’s 2023 Crypto Reign of Terror

The Great Crypto Conspiracy of 2018 has strong parallels to what my co-editor at Palm Beach Pioneer, Graham Friedman, calls Gary Gensler’s “2023 Crypto Reign of Terror.”

Last week, I told you Gensler, the head of the SEC, has accelerated his anti-crypto crusade.

We’ve seen him bring charges against Binance and Coinbase, the two largest crypto exchanges in the world.

He’s also labeled several major altcoins as securities, forcing popular trading platforms like Robinhood to delist them. Those tokens plunged on the news.

However, I don’t believe the SEC’s suit against Binance and Coinbase is really about being anti-crypto…

It’s more about clearing the deck for the big boys of U.S. finance – like JPMorgan Chase and BlackRock – to muscle into the crypto space.

And I just came across a small piece of news that supports my “conspiracy”…

Commonwealth Bank of Australia (CBA) is the 14th-largest bank in the world, with a $112 billion market cap.

Last week, the bank announced it’s limiting transactions to certain crypto exchanges amid the American-led crackdown on crypto.

The bank’s reasoning: “to help customers avoid scams.”

On the surface, the media is reporting this as a “crackdown on crypto.”

But what the mainstream media conveniently left out is that CBA has a minority stake in the crypto exchange Gemini.

Do you think it’ll be limiting transactions with Gemini? Not a chance.

In my view, CBA is using the SEC crackdown as a smoke screen to eliminate its competition… just like George Hearst did to small miners in Deadwood.

Don’t be surprised to see the same thing happen in the United States.

How to Take Advantage of This Conspiracy

If you want to make money in crypto, you need to ignore the mainstream media’s hysteria about the SEC’s crypto crackdown.

Crypto adoption isn’t going anywhere except higher. All the numbers support this.

That’s why traditional financial institutions are in a desperate fight to secure crypto market share. And they’ll use any means necessary to win.

Just last year, BlackRock launched a private trust offering institutional U.S. clients direct exposure to bitcoin. And Fidelity’s Digital Assets platform allows U.S. clients to buy, store, and sell digital assets.

BlackRock is the largest asset manager in the world, with $10 trillion in assets under management (AUM). Fidelity is third, with $4.2 trillion in AUM.

Yet unlike newcomers Binance and Coinbase, we haven’t seen any regulatory action taken against BlackRock or Fidelity.

Now, the people who run the banks and brokerage houses aren’t dumb. Regardless of what the feds say, they know crypto is the future.

Today, bitcoin’s market cap stands at around $504 billion. That’s a spit in the ocean compared to the total estimated global wealth of $463 TRILLION.

If just 5% of that flows into bitcoin, it’ll go up 47 times higher.

That’s why Fidelity and BlackRock are creating crypto custody solutions for their clients. They want a slice of the pie.

And like Hearst, they’ll use intimidation and misinformation to force smaller crypto players out of the game.

Friends, we’ve seen this movie before…

In 2021, bitcoin reached an all-time high of nearly $70,000. Then Gensler started his “reign of terror.” Since then, it’s plunged as low as $15,800.

Now, you tell me: Who benefits the most from this crash when the next bull cycle starts?

But you have an opportunity to take advantage, too.

Staying informed about what’s happening beneath the surface in crypto can help you stay the course when the mainstream media – and even your friends and family – are calling crypto a “scam.”

Knowing when and how to stay the course is just as important as picking the right cryptos.

That’s why I recently held a special event called Big T’s FINAL Call. (You can click here to stream the replay.)

Here’s what I mean by that…

This will be the last Crypto Winter we’ll see of this magnitude. Once the big players enter this space, the crypto market will trade more in line with the broad stock market – just like internet stocks did when that sector began to mature.

And those volatile moves that generate life-changing gains… They’ll be fewer and farther between.

Friends, hear me when I tell you this…

This will likely be the FINAL bear market where you can turn small stakes into meaningful, life-changing returns… And there’s no time to waste.

Click here to take advantage of this opportunity before it slips away forever.

Let the Game Come to You!

Big T