PANews reported on March 4 that in response to the rumor previously released by Mike Alfred that "the Trump administration intends to announce a zero capital gains tax policy for cryptocurrency sales at the Crypto Summit on Friday", Adam Cochran, partner of Cinneamhain Ventures, said: "Mike blocked me because I repeatedly verified his authenticity, but this can't stop me. The president cannot unilaterally amend the tax law. Only Congress can. This is one of the few congressional powers clearly stated in the Constitution. Even if the president announces the decision, or attempts to sign an executive order for it, it will not make it law. This is no more effective than my declaring myself a cupcake."