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Why The U.S. Government Has $5,000,000,000 In BitcoinMany state governments have proposed and/or passed laws affecting cryptocurrencies and blockchain technology, with most of the activity taking place in the. The Securities and Exchange Commission charged SafeMoon LLC, its creator Kyle Nagy, SafeMoon US LLC, and the companies' Chief Executive Officer, John Karony. As the Biden administration has worked in recent months to develop cryptocurrency regulations, the U.S. government finds itself caught.