That's what I think too. Heck you have people that don't understand why others are even buying into these trusts.

#1 Retirees, fund managers, and tax deferred accounts. We're merely diversifying lifetimes of savings, and many of us have a very solid understanding of the technology and what it enables, how the platforms work, and why people are really developing on it and using it. We know the benefit and competition it brings to businesses.

I watched the formation of these trusts. Back then, there was the same sort of ill informed BUYERS, not knowing what they were buying the same way this group seems to not know what they are selling. It was actually at an insane premium years ago. I thought eventually it would simmer down to NAV, but it's amazingly discounted now.

All that in mind, if it's proven that the SEC, Coinbase, and Grayscale are corrupted and in collusion, we're looking at a total market collapse, because it means anything and everything the SEC has approved and regulated is in question, it would mean they have zero integrity.