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In a recent Facebook posting there where insinuations that the National Navy Seabee Veterans of America is considering investing in any type of crypto currency. The NSVA leadership had no knowledge of, nor had the NSVA authorized any use of the organizations name/acronym or logo in this posting.

This idea was presented and discussed at the mid-year meeting in March, 2022 and decided that the NSVA will continue investing in traditional and time proven investments such as stocks and bonds. In light of the recent collapse of FTX the NSVA has NO intention of investing its assets in the unregulated industry of crypto-currency.

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