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Robert Kiyosaki Faces Backlash Over Contradictory Bitcoin Buying Claims

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Robert Kiyosaki Faces Backlash Over Contradictory Bitcoin Buying Claims


The community was quick to pick up the inconsistency in his words, especially when it came down to BTC.

The author of the Rich Dad Poor Dad best-seller came under fire recently after making some interesting yet highly controversial comments about when he allegedly stopped buying certain assets, including BTC.

The question many community members asked was – Is he lying now, or has he been deceitful for a long time?

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(When) Did Kiyosaki Lie?

The popular author and investment guru became a prominent BTC bull during the COVID crash and has frequently praised the asset. Moreover, he has been advising people to buy more BTC, as well as gold, silver, and he recently added ETH to his narrative.

What’s even more interesting is that he has made multiple posts on X indicating that he has bought more. Just a few examples include on July 1, 2025, when he literally said on X that he had “bought another bitcoin today.” At the time, the cryptocurrency traded between $105,000 and $110,000 – this is important for the story in this article.

Then, just a few weeks later, when BTC exploded above $117,000, he noted that he was “going to buy one more bitcoin asap.” Kiyosaki also explained in early 2026 that he ignores the prices of BTC and ETH and just keeps buying more.

Yet, in his most recent post on the matter, which caused significant backlash, he claimed that he stopped buying bitcoin at $6,000. Just for reference, the cryptocurrency hasn’t traded at such low levels since right after the COVID-19 crash in mid-2020. In fact, even with its recent crash to $60,000, that’s still 10x from the price he claimed.

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Naturally, the ever-vigilant crypto community quickly picked up the inconsistency in his posts on X, and lashed out about being a liar – either now, or he has been lying for years.

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More Lies?

Others went after different claims he has made throughout the years, mostly for major crashes and different investment advice he had given, many of which never materialized. Mark McGrath, for instance, brought up a chart with many of his comments and shot straight at Kiyosaki, claiming that he is “such a lying grifter.”

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Crypto World

CFTC Amends Guidance, Includes National Trust Banks As Stablecoin Issuers

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CFTC, US Government, United States, Stablecoin, Genius Act

The Commodity Futures Trading Commission (CFTC), a US financial regulator, reissued a staff letter on Friday to expand the criteria for payment stablecoins to include national trust banks, recognizing their eligibility to issue the fiat-pegged tokens.

The CFTC amended Staff Letter 25-40, which was issued on December 8, 2025, to include national trust banks, financial institutions allowed to function in all 50 US states.

National Trust Banks typically do not provide retail banking services like lending or checking accounts. Instead, they offer custodial services, act as executors on behalf of clients and provide asset management services. The CFTC letter said:

“The [Market Participants] Division did not intend to exclude national trust banks as issuers of payment stablecoins for purposes of Letter 25-40. Therefore, the division is reissuing the content of Letter 25-40, with an expanded definition of payment stablecoin.”

CFTC, US Government, United States, Stablecoin, Genius Act
CFTC Staff Letter 26-05 updating the definition of payment stablecoins and recognizing the ability of national trust banks to issue fiat-pegged tokens. Source: CFTC

The letter reflects the regulatory climate in the US toward stablecoins after US President Donald Trump signed the GENIUS stablecoin bill into law in July 2025.

The Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act is a comprehensive regulatory framework for US dollar stablecoins, blockchain tokens pegged to the dollar. 

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Related: CFTC pulls Biden-era proposal to ban sports, political prediction markets

The Federal Deposit Insurance Corporation outlines a plan for banks to issue stablecoins

In December 2025, the Federal Deposit Insurance Corporation (FDIC), a US banking regulator, proposed a framework under which commercial banks could issue stablecoins.

The proposal allows banks to issue the tokens through a subsidiary subject to oversight by the FDIC, which will gauge whether both the parent company and subsidiary are compliant with GENIUS Act requirements for issuing stablecoins.