Roger Stone’s Bitcoin Story

 

The story of Roger Stone’s arrest has caught the world’s attention, but there is a bigger underlying story of “sketchy cryptocurrency marketing campaigns” run by Roger Stone.

President Trump’s long term political advisor’s arrest was on seven counts including that of witness tampering, “obstruction of justice and making false statements to Congress.”  The indictment was based on allegations that “Stone had been in contact with top-ranking Trump campaign officials about efforts to leak damaging information about Hillary Clinton just before the 2016 election.”

One of the people involved in Stone’s indictment was Steve Bannon, the CEO of Trump campaign in the final stages of the election – “The indictment by Judge Robert Mueller which included following statements During the summer of 2016, STONE spoke to senior Trump Campaign officials about Organization 1 and information it might have had that would be damaging to the Clinton Campaign. STONE was contacted by senior Trump Campaign officials to inquire about future releases by Organization 1.”

Ex-advisors of Trump

Stephen K. Bannon, ex-Chief Strategist of President Trump and future Bitcoin enthusiast explained in an interview, “It’s disruptive populism. It takes control back from central authorities. It’s revolutionary.”

However, with Securities and Exchange Commission having banned ICOs based on reports that 8 out of 10 Initial Coin Offerings are scams.

Media reports have proof of Bannon & Company investments backed by Bannon to explore the digital trend and so far as to help countries to make own coins.

But the issue ran deeper Stones’ own trysts with cryptocurrency were criticized for being scams. With Trump ensconced in White House advertisers were seen rampantly marketing various types of cryptocurrencies such as bitcoin and ethereum promising fly-by-night schemes. In fact, the advertisements specifically mentioned that the content is about the “following message reflects the opinions and representations of our sponsor alone, and not necessarily the opinion of Roger Stone.” Advertisers included messages such as “When Bitcoin crashes, Gold will soar to $5000.”

CNBC report on the arrest says “Stone, a veteran Republican operative who has described himself as a dirty trickster.” He is expected to appear before the will make federal courthouse in Fort Lauderdale, Florida.

Stone’s lawyer Bruce Rogow said “I am disappointed in the grandstanding with an early morning arrest. I would have expected better from the SCO. Roger was not hiding from anyone; quite the opposite.”