Messari Founder Ryan Selkis Announces Senate Run for 2024 — ‘Enough Talk’
Ryan Selkis, the founder of Messari, a cryptocurrency research company, has announced he will be running for the U.S. Senate in 2024. The entrepreneur made the announcement on Twitter after finding out one of the speaker...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Ryan Selkis, the founder of Messari, a cryptocurrency research company, has announced he will be running for the U.S. Senate in 2024. The entrepreneur made the announcement on Twitter after finding out one of the speakers at Messari’s Mainnet conference, whose identity could not be confirmed, was served with a subpoena by the SEC. This is one of the first serious political bids that a crypto entrepreneur has made in the U.S.
Messari CEO Ryan Selkis Announces Senate Bid for 2024Ryan Selkis, founder and CEO of Messari, a crypto research firm, has announced he will be running for Senate in 2024. Selkis apparently made the decision after one of the speakers from Mainnet, a conference organized by Messari, was served a subpoena by SEC staff that had attended the conference. Selkis stated:
If you’re wondering when I actually decided to run for Senate, it was when these f**kers came to my event, didn’t buy a ticket, and served one of the speakers a subpoena. Enough talk. More war on our out-of-control regulatory state.
While some media reported this speaker to be Do Kwon, founder of a protocol in Cosmos, this could not be confirmed.
Selkis is one of the first cryptocurrency entrepreneurs to announce a political run (besides the late John McAfee) to change the way that regulators are acting against cryptocurrency companies and decentralized protocols. But Selkis’ views are not a secret. He has always been vocal about his disagreements with how regulators are, in his opinion, hurting cryptocurrency companies in the country and stifling innovators.
Selkis Doubles DownWhile for some the Selkis tweet was thought a rash assessment of the subject and likely a joke, Selkis dispelled these doubts in a recent interview. When asked about his senate run, he doubled down on his bet, stating:
The tweet does speak for itself. The tone is aggressive and assertive, but I think it underpins the sentiment that most of the industry feel right now even if they don’t say it out loud.
He reaffirmed the idea that regulators are focused on crypto, to regulate it in every way possible. Selkis thinks the government has a hammer and views every cryptocurrency project out there like a nail to be smashed down. The proposal sparked support from several cryptocurrency insiders on social media, who applauded the direction and intention of Selkis’ no-nonsense declaration.
What do you think about the CEO of Messari running for U.S. Senate? Tell us in the comments section below.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on Bitcoin NewsRelated market context
Bitcoin 21M Cap Under Fire From Zcash Founder
Eli Ben-Sasson, Zcash founder and and CEO of StarkWare, the company behind Ethereum Layer 2 scaling solution Starknet, publicly ar...
One Bitcoin treasury’s paper loss just made Strategy’s stress everyone’s problem
Bitcoin treasury preferred stocks are moving from a simple income story into a credit test on Bitcoin balance sheets. Strategy rem...
Trump Bitcoin Conference Keynote Puts Crypto Policy Back In The Political Spotlight
Donald Trump’s scheduled keynote at the Bitcoin Conference in Nashville puts crypto policy back on the main political stage at a t...
Kraken Seeks Final Judgment After $22 Million Award Against Former Auditor
Bitcoin Magazine Kraken Seeks Final Judgment After $22 Million Award Against Former Auditor Payward, the parent company of the cry...
Coinbase co-founder Brian Armstrong wants investors to pass a financial literacy test instead of a wealth check
A shift to financial literacy tests could democratize investment access, potentially increasing capital flow into early-stage vent...
Strategy faces $8.3 billion Bitcoin Q2 loss as Saylor sells over $200M in BTC
Strategy’s largest Bitcoin sale in years has put new pressure on the corporate treasury model that made Michael Saylor one of the...