Getting the truth about cryptocurrency gambling at public pensions is no simple task.
In response to public concerns, the McLean Citizens Association will host a virtual Public Informational Meeting to discuss two of the three Fairfax County Virginia pension funds’ cryptocurrency-related investments tomorrow. Fairfax County’s Retirement Systems Executive Director Jeff Weiler, who has publicly stated that cryptocurrency is “no different from any other investment” and the Chief Investment Officers of the Employees’ Retirement System (Andrew Spellar) and the Police Officers Retirement System (Katherine Molnar), both of whom have advocated for cryptocurrency investing will discuss their views. For whatever reason, the Chief Investment Officer of the third pension, the Uniformed Employees Retirement System (Brian Morales), who openly opposes crypto investing by public pensions—in Fairfax County and beyond—will not be participating in the virtual meeting or sharing his opinions. Registration is supposedly open to everyone. Most disturbing, the public will be unable…
