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Elizabeth Warren
The head of the U.S. Commodity Futures Trading Commission (CFTC), Rostin Behnam, had a lot of contact with Sam Bankman-Friend, the disgraced former CEO of FTX, but lawmakers suggest he hasn’t been fully forthcoming about those interactions. So, Sens. Elizabeth Warren (D-Mass.) and Chuck Grassley (R-Iowa) are demanding more.
Warren reiterated her disdain for the industry in an interview.
A stunt from Bitcoin supporters led to the appearance that the U.S. senator and staunch cryptocurrency opponent Elizabeth Warren signed an order for a flag to be flown over the U.S. capitol commemorating Satoshi Nakamoto.
Senator Warren thinks all crypto people are crooks. We obviously agree. 100%.
In a letter to the Blockchain Association, the U.S. senator accuses the group of undermining Congress.
Democratic lawmakers signed on to sponsor the Digital Asset Anti-Money Laundering Act. The bill is bad for crypto in the U.S., even if it never gets through Congress.
JPMorgan Chase CEO Jamie Dimon has never been shy about trashing crypto, even while his giant Wall Street bank became a leader in using blockchain technology to move billions. At a U.S. Senate hearing Wednesday, he slammed the industry again, to the delight of Sen. Elizabeth Warren (D-Mass.), who is trying to impose restrictions to combat illicit digital transactions.
After Hamas’ deadly attacks in Israel, media reports linked the terrorist group with tens of millions in crypto donations, but that data was misinterpreted and hugely exaggerated, according to the blockchain analytical firm that was cited.
The revelations that the terrorist group behind last week’s attack on villages in southern Israel that left more than 1,200 Israelis dead was partially funded with cryptocurrency may lend additional weight to an effort from Sen. Elizabeth Warren (D-Mass.) and others to push for a law targeting money laundering and sanctions abuses in crypto.
The war won’t last forever, but probably will continue for the next 18-20 months, Kristin Smith said.