Senator Warren Criticizes Crypto Lobbyists for 'Undermining' Anti-Terrorism Measures

By: Isha Das

U.S. Senator Elizabeth Warren lashed out against crypto industry lobbyists, accusing them of potentially assisting terrorist groups. The Senator expressed concerns that cryptocurrencies are being used by these organizations to circumvent sanctions.

These comments were part of a letter addressed to a prominent Blockchain Association. In this note, she also argued that these lobbyists are undermining Congress and their dilemmas on how to appropriately regulate the evolving crypto space.

These latest events further intensify ongoing debates about the dark side of cryptocurrencies and how they potentially aid in malicious activities.