Former Little Mix star Jesy Nelson is pregnant for the first time and is expecting twins with boyfriend.
The Shout Out To My Ex hitmaker is starting a family with her on-and-off partner Zion Foster, who is a rapper. Jesy announced the news on Instagram earlier this month.
Attaching a polaroid showing off her growing bump, she wrote: “She’s eating for 3 now.”
Jesy’s been pretty unwell during her pregnancy so far (Credit: Instagram)
Jesy Nelson ‘shock’ pregnancy with on/off boyfriend
In a series of Instagram Stories on Friday (January 24), Jesy answered a number of questions from her fans and shared them with her 9.7 million followers.
After previously breaking up with Zion, Jesy and her boyfriend are back together and looking forward to becoming parents. However, the BRIT Award winner admitted the pregnancy was not planned.
Very very shocked. It wasn’t planned.
When asked if she was “surprised” to be having twins, Jesy replied: “Very very shocked. It wasn’t planned but I instantly felt happy as soon as I saw that I was.”
To accompany the story, she attached a snapshot showing off her bump.
When a fan mentioned maternity clothing, Jesy revealed the “baggier the better” when it comes to comfort.
Jesy’s pregnancy was not planned (Credit: Instagram)
‘Weird’ pregnancy cravings
Due to having twins, Jesy revealed she’s been feeling sick often. She shared: “I’ve been very sick where I’m having twins so constant vomiting 24/7.”
Jesy added: “But other than that feeling very blessed.”
It seems the singer is also getting the nursery prepared for her new arrivals. She shared a picture of two plush elephant ride-on rocking chairs, all ready for her two new babies.
The nursery seems to be coming along, too (Credit: Instagram)
Jesy’s pregnancy cravings
Jesy also opened up about her “weirdest pregnancy cravings,” which have been impacted by her morning sickness.
She said: “Other than Percy Pigs, all I’ve wanted to eat is bread and potatoes and plain stuff as I’ve been so sick.”
Jesy has decided on names (Credit: Instagram)
Baby names and first outfits
With still a number of months to go until she gives birth, Jesy was asked whether she and Zion had settled on baby names yet. The answer to that is yes!
However, she didn’t want to disclose what they are yet.
“I do have our babies names,” Jesy teased, adding: “But keeping it a secret for now.”
Within the same post, she shared a photo of adorable matching outfits.
And, despite being a multi-millionaire, it seems Jesy isn’t adverse to a sale bargain. In the snap, the price of the outfit could be seen as £25. A red tag also flashed from under the hat, revealing Jesy had picked it up at 30% off.
The star hasn’t yet revealed her due date, but we can’t wait to meet the tots!
Read more: Inside Jesy Nelson’s love life as she announces pregnancy – broken engagement, Jordan Banjo split and on/off romance with rapper
Are you happy for Jesy? Let us know by leaving a comment on our Facebook page @EntertainmentDailyFix. We want to hear your thoughts!
Published: January 25, 2025 at 3:30 am Updated: January 24, 2025 at 9:42 am
To improve your local-language experience, sometimes we employ an auto-translation plugin. Please note auto-translation may not be accurate, so read original article for precise information.
Investors and traders alike are always on the lookout for the next big opportunity. If you’re aiming for financial growth, two names that deserve your attention are Sui and FXGuys. Both have immense potential, but today, we’ll spotlight why FXGuys stands out as the top PropFi project and a game-changer for aspiring traders and investors.
>>>JOIN FXGUYS HERE<<<
Why FXGuys Is the Top Altcoin for Financial Growth
The FX Guys is rapidly gaining recognition for its innovative approach to decentralized finance (DeFi) and trading. Currently in Stage 2 of its presale, FX Guys has raised over $2.6 million, with the $FXG token priced at just $0.04. Here are three compelling reasons why FXGuys could help you achieve your financial breakthrough:
Staking for 20% Profit Sharing FXGuys offers a unique staking feature that allows token holders to earn a 20% profit and revenue share from broker trading volume. This feature makes the $FXG token one of the best DeFi tokens for passive income, appealing to long-term investors looking to maximize their returns.
Prop Trading Funding Program FXGuys empowers talented traders through its prop trading funding program, offering accounts with up to $500,000 in trading capital. Successful traders can split profits 80/20 in their favour, making it one of the best proprietary trading firms for ambitious traders. This initiative not only supports individual growth but also fosters a community of smart prop traders.
No Buy or Sell Tax & Decentralized Trading Unlike many tokens, $FXG has no buy or sell tax, ensuring that your investments remain intact. Additionally, FXGuys offers no-KYC decentralized trading, providing privacy and security for users worldwide.
The Role of Trade2Earn in Driving Success
FXGuys’ Trade2Earn program rewards traders with $FXG tokens for every trade they make. This system incentivizes trading activity, boosting token demand and volume. Whether you’re a beginner or a seasoned trader, this program adds value to your trades, enhancing your earning potential.
Sui: A High-Potential Altcoin Worth Considering
While FX Guys is making waves in the DeFi space, Sui is another high-potential altcoin that investors should keep on their radar. Known for its scalable blockchain technology, Sui is designed to support high-speed transactions and smart contracts, making it a versatile choice for various applications.
Combining Sui with FXGuys could be a strategic move for those looking to diversify their crypto portfolio and tap into multiple streams of income.
Benefits of Investing in FXGuys
If you’re still wondering whether FXGuys is worth your $500 investment, here’s a recap of its standout features:
Instant funding prop firm: FXGuys’ trader funding program offers immediate access to capital, helping traders scale their strategies.
Flexible trading platforms: The FXGuys Trader platform integrates seamlessly with MT5, Match-Trader, cTrader, and DXtrade, providing options based on your geographic location.
Same-day deposits and withdrawals: With support for over 100 local currencies and cryptocurrencies, FXGuys ensures swift and hassle-free transactions.
The Road Ahead for FXGuys and Sui
As FXGuys progresses through its presale, the $FXG token’s value and utility are expected to grow significantly. Pairing this with Sui’s technological advancements could position you for substantial gains in both the short and long term.
For traders and investors, FXGuys offers an unparalleled opportunity to combine top DeFi coins with the advantages of a broker-backed crypto prop firm. With its current presale price of $0.04, there’s no better time to get involved.
>>>JOIN FXGUYS HERE<<<
Conclusion
With just $500, you could unlock your financial breakthrough by investing in the FX Guys and Sui. From staking to prop trading funding programs, FXGuys provides a robust ecosystem that caters to traders and investors at all levels. Don’t miss the chance to join this revolutionary platform and take control of your financial future.
To find out more about FXGuys follow the links below:
Presale | Website | Whitepaper | Socials | Audit
Disclaimer
In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.
About The Author
Gregory, a digital nomad hailing from Poland, is not only a financial analyst but also a valuable contributor to various online magazines. With a wealth of experience in the financial industry, his insights and expertise have earned him recognition in numerous publications. Utilising his spare time effectively, Gregory is currently dedicated to writing a book about cryptocurrency and blockchain.
More articles
Gregory, a digital nomad hailing from Poland, is not only a financial analyst but also a valuable contributor to various online magazines. With a wealth of experience in the financial industry, his insights and expertise have earned him recognition in numerous publications. Utilising his spare time effectively, Gregory is currently dedicated to writing a book about cryptocurrency and blockchain.
Trae Tha Truth My Ex Tried To Turn Our Daughter Against Me!!!
Published January 24, 2025 4:45 PM PST
Play video content
TMZ.com
Trae Tha Truth says his baby mama tried to teach their daughter he was her enemy … but now he has full custody of their kid, he’s showing her how much he loves her.
The Houston rapper tells TMZ … his ex, Heather Cuevas, manipulated their daughter Truth into thinking her father wanted nothing to do with her … but he says that couldn’t be further from the truth.
Trae and his lawyer, Stephanie Proffitt, claims Heather’s been making a string of false claims against Trae ever since their kid was born … hoping to make something stick.
There was even a GoFundMe started by Heather that Trae and his attorney claim was littered with false claims against him … and the page has been taken down.
They say Trae has now been vindicated — because Truth is finally under his care.
As we told you … Trae and Truth were reunited earlier this month at the U.S.-Mexico border in California after she had been missing for months … and Heather was arrested for child endangerment.
Trae says Heather was trying to flee to Mexico with their kid … but now Truth is living with him and doing well, all things considered.
A new Resident Evil movie is in the works, and there’s reportedly a bidding war underway among four major studios to land it. That’s because the upcoming Resident Evil reboot already has Barbarian helmer Zach Cregger attached to write and direct the film.
According to The Hollywood Reporter, Cregger’s Resident Evil is described as “a revamp that will take the title to its horror roots and be more faithful to the initial games.” That would be nice change of pace from the previous Resident Evil films. The most recent adaptation, 2021’s Resident Evil: Welcome To Raccoon City, attempted to adapt the first two games in a single film, but it did very poorly in theaters. The six Resident Evil movies that came before that were largely focused on Milla Jovovich’s Alice, a character who was created for the films. To date, there hasn’t been a live-action Resident Evil film that truly captured the spirit of the games.
Sony’s Screen Gems distributed all of the previous Resident Evil movies, but the rights to this one are up for grabs because Cregger has some box office clout. Barbarian was critically acclaimed and a cult hit, while his second horror movie, Weapons, is said to have very high screen-test scores, though it’s yet to debut publicly.
Only two of the four studios–Warner Bros. and Netflix–were mentioned by name in the report. Netflix has previously released a live-action Resident Evil series starring Lance Reddick in addition to streaming various animated RE films. However, Warner Bros. may have the edge, as it picked up the rights to Weapons during a previous bidding war for Cregger’s services.
Paul W.S. Anderson, the man who directed the first six Resident Evil films, was recently attached to direct an adaptation of Sega’s House of the Dead. Additionally, a documentary about George Romero’s unproduced Resident Evil movie debuted earlier in January. For fans of the games, it appears that Resident Evil 6 may be coming to the current console generation.
Lucasfilm has hired yet another screenwriter to bang out a new script for Star Wars: New Jedi Order. The still-in-development sci-fi sequel is set to bring back Daisy Ridley as Rey, if it can ever lock down a screenplay.
Blasphemous 2 Developer Interview
As reported by The Hollywood Reporter on January 24, Lucasfilm has hired George Nolfi to write a new script for New Jedi Order. Nolfi is best known for his work on Ocean’s 12 and The Bourne Ultimatum. As pointed out by the outlet, this latest hiring shows that Lucasfilm and Disney are committed to the project, which was announced back in 2023 alongside two other Star Wars movies.
New Jedi Order is set to bring back Daisy Ridley as Rey, who was last seen in the role in 2019’s The Rise of Skywalker. The movie is said to be set about 15 years after the events of Rise and will show Rey training a new generation of young Jedi. Before the film was even announced in 2023, two writers—Damon Lindelof and Justin Britt-Gibson—had worked on a version of the script. However, by the time Lucasfilm officially announced it at Star Wars Celebration 2023 a new writer, Peaky Blinders creator Steven Knight, was working on New Jedi Order’s story. He dropped out in October 2024 and now Nolfi is writing the movie.
Despite all the screenwriter changes, documentary filmmaker Sharmeen Obaid-Chinoy is still attached to direct New Jedi Order. The movie was supposed to arrive in December 2026, but late last year Disney delayed it and removed it from its upcoming schedule.
While New Jedi Order struggles to get off the ground, a different Star Wars film will land in theaters next year. The Mandalorian and Grogu, which wrapped filming in December 2024, is set to hit screens in May 2026. After that, the next Star Wars movie to start shooting will be Shawn Levy’s project—which got a big shot in the arm earlier this week with rumors that Ryan Gosling is joining the cast.
So it’s very likely that New Jedi Order won’t be available in our galaxy until 2027 at the earliest. And that’s assuming George Nolfi can write a screenplay that Lucasfilm likes. If not, we might see a fifth writer hired to try and get this movie’s script finished and approved. One wonders how much longer Obaid-Chinoy and Ridley will wait around.
During tonight’s final of The Traitors, Faithfuls Leanne and Jake won the £94k cash prize.
During the first roundtable, Charlotte became the final contestant banished from the series after Frankie revealed she found out she was a Trairor at the beginning of the episode.
Leaving the castle immediately, the final four — Leanne, Frankie, Alexander, and Jake — were unaware she was the last Traitor standing.
Charlotte was the last contestant to be banished (Credit: BBC)
The Traitors final: Faithfuls Leanne and Jake win game
During the final segment, the final four stood by the fire and believed a Traitor remained in the midst.
During the first vote, they all voted to banish again. Once the votes were locked, Alexander received the most votes and exited the game. Still, the final three were unaware he was a Faithful.
With one more vote allowed, the final three unanimously chose to banish once again. After Frankie and Jake voted for each other, the final vote of the series was down to Leanne, who voted fellow Faithful Frankie out.
With the game officially over, both Frankie and Jake were the last contestants standing. While slightly doubting Jake’s status in the game after host Claudia Winkleman revealed Frankie and Alexander were Faithful, the pair both revealed to each other that they were Faithfuls, resulting in a relieved reaction.
With just over £94k in the prize fund, Claudia announced the final two will split over £47k between each other.
Leanne and Jake won £47k each (Credit: BBC)
‘That was incredible’
As the final episode kept viewers on edge, fans reacted via X, formerly known as Twitter.
“The two most deserving contestants won. Well done Leanne and Jake. I am well pleased,” one user wrote.
“What an amazing finale. That was incredible,” another person shared.
“Aww that was so emotional, I’m crying. The fire pit was SO tense despite them all being faithful,” a third remarked.
“Wow…. that was amazing!!!” a fourth viewer said.
Winners Jake and Leanne called ‘greedy’
On the other hand, some fans have different opinions, believing Leanne and Jake planned to vote everyone off so they could win more money between them.
“So basically Leanne and Jake were traitors. They totally planned that,” one user insisted.
“Leanne and Jake KNEW Frankie was a Faithful, but they got greedy. Nothing will convince me otherwise. Had arranged a two-way split,” another shared.
“The only reason a traitor was even found was thanks to Frankie and she doesn’t even win. GOODNIGHT,” a third said.
Read more: I’m A Celebrity star Maura Higgins admits she turned down The Traitors
Did you watch the finale? Let us know by leaving a comment on our Facebook page @EntertainmentDailyFix.
Published: January 24, 2025 at 3:00 pm Updated: January 24, 2025 at 6:26 am
To improve your local-language experience, sometimes we employ an auto-translation plugin. Please note auto-translation may not be accurate, so read original article for precise information.
The Trump (TRUMP) and Melania (MELANIA) tokens show the fascinating intersection between crypto and politics with Donald Trump now in office. The Trump (TRUMP) token surged on his first day in office, while the Melania (MELANIA) meme coin gained traction on the inauguration eve. Experts predict that these tokens will yield 60x gains for investors. In other news, WallitIQ (WLTQ) is set to dominate the market based on projections that it will skyrocket by 500x this month.
WallitIQ (WLTQ) Set To Record 60X Gains This Month
WallitIQ (WLTQ) has taken the crypto market by storm because of its unique blend of artificial intelligence and user-focused utility. Priced at a giveaway price of $0.0420, the platform’s native token is the most lucrative investment as it promises a 60x surge to $2.52 before the month ends. Unlike meme coins that thrive on hype, this token has a practical application in the DeFi space that sets it apart.
This AI altcoin allows traders to easily trade over 1,000 cryptocurrencies directly from their wallets. WallitIQ’s (WLTQ) 180% APY staking rewards are an excellent way to make passive income. The best part is that users do not have to be experienced traders because the platform’s intuitive app simplifies wallet management.
WallitIQ’s (WLTQ) MVP design of its Crypto Wallet Management Mobile App is now available to streamline your transaction management. You can simulate sending ETH and USDT to external addresses. Its CoinGecko API integration makes real-time crypto price tracking possible. Also, you can view the pricing data of all available crypto tickers. Furthermore, the Settings Page sends notifications for price alerts and wallet updates.
WallitIQ’s (WLTQ) token presale at $0.0420 is making headlines and selling out fast. The presale has raised almost $10 million just weeks after it started, and it is evident why the presale has achieved this much success. The platform offers amazing perks like ultra-low swap rates, unlimited referral bonuses, and governance rights. Furthermore, it has proven to be a secure and transparent platform by completing its smart contract audit with SolidProof.
Crypto investors are recognizing WallitIQ’s (WLTQ) potential and are securing the token in its numbers as the presale will soon end. The best time to buy the token is now as you could easily enjoy a 60x return on investment (ROI) this month. Take the big step to buy this AI altcoin today so you can cash out in the next few days.
Donald Trump’s TRUMP Token Records Parabolic Surge
Donald Trump’s TRUMP meme coin launched and surged significantly just days before he took office. On January 20, Trump’s (TRUMP) market cap rose to as high as $14 billion, flipping Shiba Inu (SHIB) to become the second-largest meme coin by market cap. The rise in this token was fueled by social media buzz and the news that Trump’s policies would favor the crypto industry.
Its success is a pointer to the growing intersection between politics and cryptocurrency. However, as with most politically driven tokens, Trump (TRUMP) has no inherent utility. As such, investors are uncertain about the long-term value of this project. The uncertainty around the TRUMP meme coin makes WallitIQ (WLTQ) a better option.
MELANIA Meme Coin Launches The Night Before Trump’s Inauguration
On January 19, the incoming First Lady Melania Trump made headlines with the launch of her meme coin, Melania (MELANIA). Although Melania (MELANIA) was announced hours before Trump’s inauguration, Melania (MELANIA) quickly gained traction and reached a market cap of $2.25 billion on Monday morning. Melania (MELANIA) was introduced as a digital collective that symbolizes what the First Lady represents.
However, despite the MELANIA price surge, doubts remain about the sustainability of the coin. This explains why investors are choosing WallitIQ (WLTQ) over the meme coin, as the utility token promises more gains even beyond 60x this month.
Conclusion
The WallitIQ (WLTQ) presale is undoubtedly life-changing. Unlike the fleeting hype surrounding Trump (TRUMP) and Melania (MELANIA), the utility project and its native token are set to revolutionize the crypto space. Therefore, the altcoin could record up to 500x gains, unlike TRUMP and MELANIA, which promise just around 60x gains.
WallitIQ’s (WLTQ) presale at $0.0420 is your golden opportunity to join this groundbreaking project, but time is running out. This token is selling out faster than expected. Act now so as not to miss out on these life-changing gains. Join the presale today and accumulate as many tokens as possible.
Join the WallitIQ (WLTQ) presale and community:
Join WallitIQ (WLTQ) Presale
Join the WallitIQ (WLTQ) Community
Disclaimer
In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.
About The Author
Gregory, a digital nomad hailing from Poland, is not only a financial analyst but also a valuable contributor to various online magazines. With a wealth of experience in the financial industry, his insights and expertise have earned him recognition in numerous publications. Utilising his spare time effectively, Gregory is currently dedicated to writing a book about cryptocurrency and blockchain.
More articles
Gregory, a digital nomad hailing from Poland, is not only a financial analyst but also a valuable contributor to various online magazines. With a wealth of experience in the financial industry, his insights and expertise have earned him recognition in numerous publications. Utilising his spare time effectively, Gregory is currently dedicated to writing a book about cryptocurrency and blockchain.
Published: January 24, 2025 at 3:00 pm Updated: January 24, 2025 at 6:29 am
To improve your local-language experience, sometimes we employ an auto-translation plugin. Please note auto-translation may not be accurate, so read original article for precise information.
The crypto market never ceases to amaze. Investors witnessed the remarkable parabolic surge recently recorded by Donald Trump’s ‘TRUMP’ meme coin. While the surge delivered jaw-dropping returns for early adopters, many investors who missed it are presented with new opportunities with the WallitIQ (WLTQ) AI altcoin currently selling at an affordable price of $0.0420 in its ongoing presale.
Donald Trump Meme Coin Surge: A Lesson In Timing Unprecedented Gains
The Donald Trump meme coin surge captured the world’s attention. This unprecedented phenomenon saw the meme coin, announced by Donald Trump himself, skyrocket from a market of around $300 million to as high as $14 billion in less than 48 hours.
Early investors made life-changing gains in just this short period. But as with any meme coin, the Donald Trump meme coin’s value was fueled by hype and speculation rather than utility. Despite its impressive price surge, concerns about insider token concentration and high volatility loom.
While the success of the Donald Trump meme coin showcases the potential for massive profits, it also highlights the importance of timing and diversification in the crypto market with the ongoing WallitIQ (WLTQ) AI altcoin presale. The meme coin’s surge in value may have dominated headlines but left many investors wondering what’s next.
With its groundbreaking AI-driven technology and features, the WallitIQ (WLTQ) presale could be the investment that delivers a staggering 60,000% moonshot. If you missed the Donald Trump meme coin surge, now is your chance to secure a piece of the future. Donald Trump’s TRUMP meme coin surge showcased the incredible power of speculation; this decentralized finance (DeFi) token offers a fundamentally different opportunity.
WallitIQ (WLTQ): The AI Altcoin Presale With Secure Wallet Features And AI Insights For Massive Earnings
If you’re searching for the next moonshot in crypto, look no further than the WallitIQ (WLTQ) presale. This $0.0420 AI altcoin presale is a gateway to the future of decentralized finance (DeFi), and here’s why.
The WallitIQ (WLTQ) platform integrates advanced artificial intelligence (AI) technology to analyze vast market data, providing investors with real-time alerts and predictive insights. Whether it’s regulatory updates or market shifts, the platform keeps you one step ahead.
The WallitIQ (WLTQ) decentralized crypto wallet allows yield farming, staking, and liquidity provision, making it easy for investors to earn passive income. With potential staking rewards of up to 180% APY, the AI altcoin presale offers unmatched earning opportunities. Investors were disappointed to miss the Donald Trump meme coin surge. Still, this AI altcoin presale, with its upside potential and rewarding staking program, provides a second chance.
Powered by AI-Einstein and audited by SolidProof, WallitIQ (WLTQ) guarantees secure transactions and crypto asset protection. Its Escrow-Connect technology confirms interactions with only trusted web3 decentralized applications.
WallitIQ’s (WLTQ) modern interface makes it accessible to novice and experienced investors. Its upcoming customizable price alert features for investors’ favorite assets and automation tools simplify complex DeFi tasks, empowering investors to maximize their potential gains effortlessly.
Early investors of the Donald Trump meme coin experienced massive returns, and the WallitIQ (WLTQ) presale at $0.0420 per AI altcoin offers even more significant potential within its robust AI-driven ecosystem and innovative features. Don’t wait until it’s too late—this presale could be your ticket to generational wealth.
Conclusion
Donald Trump’s TRUMP meme coin price surge revealed that investors can indeed make life-changing gains from the crypto space. While the surge drew attention to the meme coin sector, WallitIQ (WLTQ) is taking it further by combining crypto’s excitement with its AI altcoin’s presale momentum.
Imagine being among the first to invest in the WallitIQ (WLTQ) AI altcoin, which can potentially deliver a 60,000% return. At $0.0420 in its ongoing presale, the barrier to entry is incredibly low, but the rewards could be monumental.
Donald Trump’s TRUMP meme coin price surge was a wake-up call for many investors, proving that the right investment at the right time can transform lives. Secure your WallitIQ (WLTQ) AI altcoins today and join the ranks of investors poised for this 60,000% moonshot.
Join the WallitIQ (WLTQ) presale and community:
Join WallitIQ (WLTQ) Presale
Join the WallitIQ (WLTQ) Community
Disclaimer
In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.
About The Author
Gregory, a digital nomad hailing from Poland, is not only a financial analyst but also a valuable contributor to various online magazines. With a wealth of experience in the financial industry, his insights and expertise have earned him recognition in numerous publications. Utilising his spare time effectively, Gregory is currently dedicated to writing a book about cryptocurrency and blockchain.
More articles
Gregory, a digital nomad hailing from Poland, is not only a financial analyst but also a valuable contributor to various online magazines. With a wealth of experience in the financial industry, his insights and expertise have earned him recognition in numerous publications. Utilising his spare time effectively, Gregory is currently dedicated to writing a book about cryptocurrency and blockchain.
The U.S. House of Representatives is officially investigating whether leading crypto firms were secretly “debanked” during the Biden administration.
On Friday, Rep. James Comer (R-KY), chair of the House Oversight Committee, informed numerous industry founders and lobbyists that the inquiry is already underway.
“The Committee… is investigating improper debanking of individuals and entities based on political viewpoints or involvement in certain industries such as cryptocurrency and blockchain,” Comer wrote, in a letter sent to Andreessen Horowitz co-founder Marc Andreessen, Coinbase CEO Brian Armstrong, and Uniswap founder Hayden Adams, among others.
For years, top crypto executives have claimed that former President Joe Biden’s administration pressured U.S. banks to deny them services, as a means to strangle the industry’s ability to function.
Though numerous Biden officials—including former SEC head Gary Gensler—denied any involvement in such a plot, dubbed “Operation Choke Point 2.0,” recently disclosed correspondences between the FDIC and member banks do appear to show a coordinated push to freeze the adoption of crypto in America’s banking system.
In November, Andreessen claimed during an appearance on Joe Rogan’s podcast to have direct knowledge of over 30 tech founders, many of whom work in crypto, who suddenly lost access to banking services during Biden’s time in office.
Friday’s letter explicitly mentioned that interview, asking Andreessen—and others with similar knowledge—to come forward with specific details about this alleged debanking.
The letter also ties the perceived economic persecution of crypto leaders to that of Trump family members, including Melania Trump. In her recent autobiography, which is quoted in today’s correspondence, the First Lady claimed that both she and her son, Barron, were also debanked during the Biden years.
“These examples are startling, and the Committee is investigating whether this debanking practice originates from the financial institutions themselves or from either implicit or explicit pressure from government regulators,” Chair Comer wrote.
Crypto leaders already appear excited to cooperate with the investigation.
“Lawful crypto organizations and individuals need bank accounts to pay rent, pay taxes, and pay employees—denying them these basic financial services is wrong and should never happen in the United States of America,” Kristin Smith, CEO of the Blockchain Association, a crypto lobbying group, said in a statement shared with Decrypt. “We’re eager to get to the bottom of this and end this unlawful practice once and for all.”
Donald Trump’s return to the White House this week has already brought about a seismic shift in the federal government’s approach to crypto.
On Thursday, the president signed a sweeping crypto executive order that may soon pave the way for a strategic government crypto reserve. Hours later, the newly Republican-controlled SEC rescinded SAB 121, an agency rule that discouraged U.S. banks from holding crypto.
Even employees of the federal agencies accused of participating in Operation Choke Point 2.0 have become more outspoken in recent weeks. Earlier this month, Travis Hill, Vice Chair of the FDIC, called in a speech for the regulator to overhaul its approach to digital assets and “put an end to any and all Choke Point-like tactics.”
Edited by Andrew Hayward
Daily Debrief Newsletter
Start every day with the top news stories right now, plus original features, a podcast, videos and more.