• • The law firm Cooper & Kirk has sent a letter to the US Congress regarding regulatory overreach against the crypto industry.

• • The firm has urged Congress to hold the agencies accountable and has proposed questions and steps to obtain answers.

• Cardano founder Charles Hoskinson has commented on the letter in a YouTube video.

Washington, D.C. law firm Cooper & Kirk PLLC on Friday 24th of March released a white paper alleging that US federal regulators are engaging in a "clandestine financial war" against the cryptocurrency industry.

The report claims that regulatory bodies such as the Federal Deposit Insurance Corporation (FDIC) and the Options Clearing Corporation (OCC) are using "regulatory tools and pressure tactics" to limit the extent to which digital assets can be integrated into the financial system.