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Breaking News: Bitcoin, Ethereum, Solana Rally Towards All-Time Highs: Top Analysts Share Predictions
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Breaking News: Bitcoin, Ethereum, Solana Rally Towards All-Time Highs: Top Analysts Share Predictions

Time-Travel Crypto Once Backed by Trump-Appointed Acting Attorney General

Tony "The Bull" Severino
Tony "The Bull" Severino
6 years ago
3 mins read

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Acting U.S. Attorney General Matthew Whitaker once was involved in an alleged scam promoting strange inventions, including a time-travel cryptocurrency.

Attorney General Matthew Whitaker Backed an Alleged Scam Company

Earlier this month, United States President Donald Trump ousted Attorney General Jeff Sessions from his post after Trump grew increasingly frustrated with Sessions’ recusal from the Russia probe. 

In his place, Trump appointed the Chief of Staff under Sessions, Matthew Whitaker, to the role of acting U.S. Attorney General.

The move sparked much controversy, with critics condemning Trump appointing Whitaker without approval from the Senate, which according to some violates the Constitution. And as is always the case with newly-appointed politicians, a witch hunt ensued and Whitaker’s shady past was uncovered.

Invention Scam Firm Worked on a Time Travel Cryptocurrency

Whitaker’s peppered history could have been erased, if the time-travel cryptocurrency he once backed ever came to fruition.

It turns out, Whitaker was once paid at least $10,000 in 2014 to serve on the advisory board of an invention company called World Patent Marketing. The newly-appointed Attorney General appeared in promotional videos, provided quotes in press materials, and in general showed a strong association with World Patent Marketing.

“As a former U.S. Attorney, I would only align myself with a first class organization,” he said in a press release issued by World Patent Marketing from back in 2014. 

Except World Patent Marketing ended up potentially being a complete scam, with the U.S. Federal Trade Commission filing a complaint against the firm over reports from consumers who went in debt or lost the entirety of their investments with the invention firm. 

The company was ordered by a Florida judge to close its doors for good and was forced to pay a settlement of $25 million.

Related Reading: Former Trump Advisor Joins Blockchain Startup

Among the invention scams World Patent Marketing was involved in, one such invention involved a cryptocurrency called Time Travel X that never saw the light of day.

Time Travel X was dubbed a “theoretical time travel commodity tied directly to price of Bitcoin.” In 2016, the company attempted to raise funds for the project by asking for bitcoin donations so World Patent Marketing could “make time travel a reality.”

As if a time travel cryptocurrency wasn’t strange enough, World Patent Marketing also announced a “masculine toilet” invention for “well-endowed men” so they can avoid having their genitalia touch toilet water. 

The firm also tried to bring Sasquatch dolls to retail, and suggested that Bigfoot does indeed exist, and that DNA evidence proved it.

Considering Attorney Generals like Matthew Whitaker are said to act as the “People’s Lawyer” for all citizens, the fact that Whitaker was involved in a company that was taken to court by the FTC for scamming consumers, is worrisome, and certainly calls Whitaker’s integrity into question.

Featured image from Shutterstock.

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Tony "The Bull" Severino
Tony "The Bull" Severino

Tony "The Bull" Severino

Tony "The Bull" Severino, CMT, is a distinguished figure in the cryptocurrency analysis sector, renowned for his in-depth technical expertise and innovative approach to market trends. As the Head of Research at NewsBTC, Tony leads a team dedicated to providing cutting-edge insights and forecasts, helping both novice and experienced traders navigate the complexities of the crypto market.
A seasoned Chartered Market Technician, Tony's prowess in identifying and capitalizing on market patterns is unmatched. His academic and professional journey in market analysis has firmly established him as a leading authority in technical trading strategies. Tony’s approach is heavily influenced by the principles of Elliott Wave Theory, a method known for its rigorous assessment of investor psychology and price movements.

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Beyond his role at NewsBTC, Tony is the visionary founder of CoinChartist.io, an educational platform aimed at demystifying the nuances of cryptocurrency trading. CoinChartist.io serves as a valuable resource for traders seeking to enhance their technical analysis skills. The platform offers a range of learning tools and resources designed to empower traders with the knowledge to make informed trading decisions.

In addition to his educational initiatives, Tony is a prolific author and a dominant voice in the crypto community. He writes the CoinChartist VIP newsletter, a weekly dispatch that has become a staple among crypto enthusiasts, revered for its insightful analysis and actionable trading advice. This newsletter has consistently ranked as a best-seller on SubStack, boasting thousands of subscribers who rely on Tony’s expertise to guide their trading strategies.

Tony is also celebrated for his literary contributions to the field. He is the author of the highest-rated Crypto Trading Journal on Amazon.com, a testament to his ability to communicate complex trading concepts in an accessible manner. This journal is widely regarded as an essential tool for traders aiming to track their progress and refine their strategies.

Before his ascent in the financial analysis world, Tony honed his skills in journalism. His background in this field has endowed him with a unique ability to present intricate market dynamics in a clear and compelling manner, making his insights highly sought after by a broad audience that ranges from casual readers to professional traders.
His professional affiliations underscore his commitment to excellence and continuous learning. As a partner of Elliott Wave International and TradingView, Tony collaborates with other leading experts to enhance his knowledge and skills. His active membership in the CMT Association further aligns him with the highest standards of industry practices and ethics.

Tony’s nickname, "The Bull," aptly reflects his aggressive and optimistic outlook on the cryptocurrency markets. His forecasts often anticipate significant upturns, earning him a reputation for bullish predictions that have frequently led to lucrative outcomes for those who follow his advice.

In summary, Tony "The Bull" Severino, CMT, is more than just a technical analyst; he is a mentor, educator, and innovator whose influence in the cryptocurrency space continues to grow. His dedication to advancing the understanding of market forces and his commitment to providing high-quality, reliable analysis make him a pivotal figure in the world of cryptocurrency trading.

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