The cryptocurrency world found itself embroiled in political controversy this week following a series of inflammatory social media posts by Ryan Selkis, the founder and CEO of crypto data platform Messari.
What Happened: Known for his frequent clashes with figures such as SEC Chair Gary Gensler, Selkis’ recent tirades following an assassination attempt on Donald Trump have drawn significant attention and concern, even prompting calls for restraint from his colleagues, according to Coindesk.
In a message posted on microblogging platform X on Thursday, Selkis reflected on a meeting with Messari’s leadership: “Just had a terrific ‘tough love’ session with Messari leadership, and I can’t tell you how much I appreciate people who approach me in good faith and help rein me in because they know my vision and where my heart is. I ran too hot this week, and will address that in full soon.”
Selkis’ intense reaction came in the wake of an assassination attempt on Trump, which saw him post inflammatory messages on X.
His account, now set to private, still hosts posts visible to his approximately 354,000 followers.
In a now-deleted tweet, he said, “Anyone that votes against Trump at this point can die in a f–king fire. Literal war.”
He continued to stoke division, stating, “The Civil War for the country started today, and if you are anti-Trump you are against the men who are willing to fight. Good luck.”
The following day, Selkis expressed a violent stance on self-defense, tweeting, “Bolshevism cannot be cured with votes. We must excise the metastatic cancer and evil of the left, by force if necessary. This is why the Second Amendment was and is so important. Do not initiate violence, but if it’s brought to your door, finish with violence.”
He also likened the current political climate to pivotal moments in American history, saying, “Unfortunately, unity can sometimes only be achieved after a decisive victory. This is one of those moments. The previous three were in 1776, 1860, and 1942. Praying for peace. Preparing for war.”
Also Read: Mark Cuban: Trump’s Re-Election Won’t Directly Impact Bitcoin’s Price
Selkis further echoed anti-immigration sentiments, questioning a user’s citizenship status and expressing hope that they would be sent back.
His tweets included images of a bloodied Trump, juxtaposed with the famous photo of Obama and Biden during the killing of Osama bin Laden, captioned “Too true.”
He also targeted Senator Elizabeth Warren (D-Mass.), insinuating a resemblance between her and Trump’s would-be assassin, Thomas Matthew Crooks.
His behavior has raised eyebrows, particularly given Messari’s significant backing from firms like Galaxy Digital and Brevan Howard.
The platform, valued at around $300 million, provides crucial data on digital assets and plays a significant role in the crypto industry.
Why It Matters: Selkis himself has become a notable figure in efforts to restore the industry’s influence in Washington after the downfall of Sam Bankman-Fried.
Earlier this year, Selkis appeared alongside Trump at an NFT event at Mar-a-Lago, underscoring his political alignment.
Following his controversial posts, he tweeted again, maintaining his combative stance: “I sent tweets aggressively screaming from the rooftops about self-defense and taking the current political situation more seriously than the media does. You’ve been warned. I wish haters spent the same effort protecting kids, preventing war, and defending American values.”
He added, “Everyone has a plan until they get punched in the face. I got knocked down from a punch I didn’t see coming. Good. Fewer tweets. More long form. More channeled rage, but same mindset: OFFENSE.”
Selkis’ recent actions come at a crucial time for the crypto industry, which is grappling with regulatory challenges and striving to regain its foothold in political circles.
As the industry navigates these turbulent times, events like Benzinga’s Future of Digital Assets on Nov. 19 will be pivotal in shaping the conversation around the future of crypto and its regulatory landscape.
Read Next:
Image: Shutterstock
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
