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Can Crypto Go From Movement to Campaign?

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Daniel Kuhn

Daniel Kuhn is a reporter on CoinDesk's Features team. He owns BTC and ETH.

Follow @DanielGKuhn on Twitter

Cops like pulp fiction, too. Yesterday, choosing one of the most high-profile crypto conferences of the year, an agent for the U.S. Securities and Enforcement Commission (SEC) reportedly subpoenaed a crypto founder as he was preparing to take the stage.

The plot point would certainly fit the narrative: Crypto, a movement fighting for freedom and equal access in finance, was being curtailed by the state. The latest chapter of this familiar story allegedly played out at the top of an elevator shaft at the Marriott Marquis in Manhattan.

This article is excerpted from The Node, CoinDesk’s daily roundup of the most pivotal stories in blockchain and crypto news. You can subscribe to get the full newsletter here.

No reporter has yet to verify the details of the incident. But Ryan Selkis, founder of the Messari media company that organized the Mainnet 2021 conference, gave credence to it when announcing his run for U.S. Senate.

“If you’re wondering when I actually decided to run for Senate, it was when these [redacted] came to my event, didn’t buy a ticket and served one of the speakers a subpoena,” Selkis tweeted yesterday.

How’s that for hard-boiled?

No one is sure if Selkis is serious. Asked about his run, Selkis told CoinDesk, “no comment.” It’s all........

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