Rep. Brad Sherman ‘hopes’ the SEC crackdown ends crypto in U.S.

Rep. Brad Sherman dubs cryptocurrencies bad for the U.S.
He does not associate any real value with cryptocurrencies.
Bitcoin is still up well over 50% versus the start of the year.Crypto is not a payments system and it’s not good for the United States of America, says Rep. Brad Sherman.
Rep. Sherman is against the crypto ecosystem
He’s against the entire ecosystem as it facilitates tax evasion and other fraudulent activities.
On CNBC’s “The Exchange”, Rep. Sherman