There are really lots of people who are really hypocrite in nature. If only this congressman benefited from crypto then he won't be suggesting to ban BTC. FIAT or crypto can be both used in illegal transactions. Hope that the government will stop focusing on the negative side of the technology of crypto and promote the benefits that we can get using the block-chain technology for the betterment of our economy and services offered from different business sectors of the world.
This may represent a conflict of interest between the politician and the ideologies, or rather the companies, that he represents. Moreover, when this connection was discovered by The-Crypto-Dog on Twitter, Sherman directly messaged the influence, with the message asking him to “STOP.”. It is left to see how the situation develops regarding Sherman.