Elizabeth Warren Strikes Again: Unleashes A Tidal Wave Of Reactions In Crypto Circles

Senator Elizabeth Warren (D-MA) cited a U.S. Government Accountability Office (U.S. GAO) report on X, saying “rogue nations are using crypto to dodge sanctions and undermine our national security.” Her tweet drew massive backlash from the crypto community and industry experts. What Happened: Warren, once again, reiterated her anti-crypto stance on Sunday: The U.S. GAO report also examines how these transactions can be monitored and penalized by the U.S. Departments of Justice and Treasury, leading to multiple hefty penalties, such as Binance’s $4.3 billion penalty. The Community Notes feature …