“Over the past few years, the Biden Administration has openly declared war against crypto,” he claimed in a message shared to X, formerly known as Twitter. “It has weaponized multiple government agencies to bully, harass, and sue the good actors in our industry in an effort to destroy it.”

“This Administration’s actions have been nothing short of an unprecedented abuse of power wielded entirely for twisted political gain at the complete expense of innovation, the American taxpayer, and the American economy,” he continued. “There is nothing the Biden Administration can do or say at this point to pretend otherwise.”