Democratic presidential candidate Robert F. Kennedy Jr. criticized what he called a “war on crypto” following earlier remarks he made opposing a U.S. central bank digital currency, or CBDC.

Kennedy said that the Federal Deposit Insurance Corporation (FDIC) and the Securities and Exchange Commission (SEC) have “no authority to wage an extra-legal war on crypto that leaves major banks as collateral damage.”

Referencing an article written by Ellen Brown titled “How the War on Crypto Triggered a Banking Crisis,” Kennedy said Brown makes a “strong case” that a government-led campaign against the digital assets industry led to several historic bank failures in March, specifically Silicon Valley Bank, Signature Bank, and Silvergate Bank.