Saturday, September 30, 2023

On Crypto on Eve of SBF Trial IMF Is Asked by Inner City Press of G20 Paper and Sahel Coups


by Matthew Russell Lee, Patreon Book Substack

SDNY COURTHOUSE, Sept 28 – When the International Monetary Fund held its embargoed press briefing on September 28, 2023, Inner City Press asked about the IMF and crypto, mere days before the SDNY trial of FTX's Sam Bankman-Fried on fraud charges: 

"At the G20, Deputy Managing Director Gopinath on crypto-currencies said that 'the good thing is there’s no talk of banning crypto I mean the idea that crypto is tough to ban has kind of gone through...It’s going to be much less of the Wild West with better data and transparency.'  Can you explain more, and separate give some/any examples of this better data and transparency?"   Video here

Spokesperson Julie Kozack directed Inner City Press to the Fund's recent paper; later in the briefing she cited concerns at El Salvador and Bitcoin. Transcript to be on IMF's website.

   Inner City Press also asked, "noting the IMF's recent $300 million program with Burkina Faso, what is the IMF's status with other 'coup' governments in Mali, Niger and Gabon?" 

  Spokesperson Kozack noted the trend in the Sahel, and IMF responses. Inner City Press has repeatedly asked the UN for its responses, without any response at all. Watch this site.

***

Your support means a lot. As little as $5 a month helps keep us going and grants you access to exclusive bonus material on our Patreon page. Click here to become a patron.

sdny

Feedback: Editorial [at] innercitypress.com