Sen. Warren Targets Former Officials Amid Crypto Legislation Accusations

Sen. Warren Targets Former Officials Amid Crypto Legislation Accusations

In a letter sent Monday to Blockchain Association CEO Kristin Smith, Senator Elizabeth Warren (D-MA) said that a “small army of former US defense, national security, and law enforcement officials” are working at the behest of the association and other crypto interests to undermine bipartisan efforts in the Congress to address crypto’s alleged role in funding Hamas and other terrorist organizations.
Smith took to X (formerly Twitter) and said that Sen. Warren expressed concern over the participation of former government officials — including former military and law enforcement officials — in the digital asset industry, saying it raises serious questions about government transparency. 

Source: Blockchain Association
Sen. Warren Blames Crypto Industry For Stalling Legislation
The letter also accuses the crypto industry of “delaying and denying” proposed legislation that purports to plug the alleged gaps in money laundering and curb terrorism financing related to crypto. It

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