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Remember this panic-stricken tirade from Senator Liz Warren on the dangers of unregulated, decentralized crypto funding terrorists…

…oh, and centralized financial system entity CEO Jamie Dimon does not like the decentralized asset…

…oh, and SEC Chair Gary Gensler covering his slimy ass after being forced by public interest – and the law – to 'allow' spot bitcoin ETFs…

Well, surprise, surprise, they are all full of shit.

As many of you may remember, we showed why this was a false narrative in words and pictures for those with learning disabilities in Washington:

But, just in case you didn't believe us, today, no lesser member of the great and good than U.S. Department of Treasury Undersecretary for Terrorism and Financial Intelligence (TFI) Brian Nelson told the truth about the de minimus relative scale of crypto-financed terror during a House Financial Services Committee hearing. (full transcript here)

Specifically, Nelson testified on Wednesday that terrorist group Hamas has received very little support in digital assets – countering earlier reports that it got tens of millions in crypto.

As a reminder, CoinDesk reports that just after Hamas' terrorist attacks in Israel last year, crypto was quickly blamed for helping fund such brutal killing.

While the Wall Street Journal in October had tied tens of millions of dollars in crypto payments to Hamas, Palestinian Islamic Jihad and others, citing a blog post by analytics firm Elliptic that was later edited, the account represented a misunderstanding of what assets actually fell into the hands of terrorists.

The Journal had largely revised the initial reporting after blockchain analytical firms Elliptic and Chainalysis offered data to refute it.

"To be clear, Hamas is using crypto in relatively small amounts compared to what's been widely reported," Rep. Tom Emmer (R-Minn.) prompted Nelson at the Wednesday hearing.

"That's our assessment," Nelson answered, additionally clarifying that those groups have their eyes on other methods of support, adding that:

But, ironically, having admitted all that fearmongering about terrorists using crypto to finance their efforts to blow up the world was false (or a giant exaggeration at best), Nelson then proceeded to ask for more funding to watch out for terrorist funding via crypto, and had said in his earlier, prepared remarks that the government is "focused on disrupting these groups’ ability to leverage digital assets."

We won't be holding our breath for Lizzy's apology…

But, from this day forth, whenever this bullshit narrative is unfurled by those with ulterior motives (control, power, career), please refer them to Brian Nelson.