Anti-Crypto Warren Sends Letter to Crypto Czar... Expresses Concerns About Trump's Asset Growth
Summary
- Senator Elizabeth Warren has demanded an explanation regarding Donald Trump administration's intervention in the cryptocurrency market.
- She expressed concerns that the Trump administration could inflate the value of certain cryptocurrencies and gain direct benefits.
- Warren pointed out to the crypto czar that this situation could benefit certain investors.
Elizabeth Warren, a Democratic senator and a prominent anti-cryptocurrency figure in the United States, has demanded an explanation regarding the Trump administration's intervention in the cryptocurrency market through a letter.
According to Bitcoin News on the 9th (local time), Elizabeth Warren sent a letter to cryptocurrency czar David Sacks on the 6th, asking, "The Trump administration has inflated the value of certain cryptocurrencies," and "How will you prevent the president and some officials from gaining direct benefits?"
In the letter, Senator Warren took issue with President Trump's direct mention of XRP, Solana (SOL), and Ada (ADA) through his social media (SNS) on the 2nd. She pointed out that "the Trump administration could benefit certain investors by intervening in the cryptocurrency market."
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