
Does Elizabeth Warren Support Crypto?
Based on previous comments, Elizabeth Warren has indicated they are very anti-cryptocurrency. Below you can view the tweets, quotes, and other commentary Elizabeth Warren has made about Bitcoin, Ethereum, and cryptocurrency innovation.

Elizabeth Warren
@SenWarren
The GENIUS Act has a major loophole allowing Big Tech companies and major retailers to issue their own private currencies structured as stablecoins.
This bill shouldn't pass without amendments preventing these risks.
2025-06-16T18:58:10.000Z

Elizabeth Warren
@SenWarren
If Congress doesn’t fix the GENIUS Act, billionaires like Elon Musk and Jeff Bezos could launch stablecoins that track your purchases, exploit your data, and squeeze out competitors.
These billionaires will come begging for a taxpayer bailout when it inevitably blows up.

2025-06-16T18:58:09.000Z
Elizabeth Warren reposted the post below

Rolling Stone
@RollingStone
Elizabeth Warren warns the GENIUS Act, the “stablecoin” bill to allow Big Tech companies to create their own currencies, would “create a superhighway for Donald Trump’s corruption.”
Story: rollingstone.com/politics/polit…

2025-06-12T13:36:39.000Z
Analysis on Stance
Add your own analysis on this stanceSenator Warren's retweet of Rolling Stone's article continues her narrative of portraying stablecoins, and the GENIUS Act specifically, as tools for corruption, particularly linking them to former President Trump. This rhetoric, while consistent with her previous stances (see my analyses of her tweets from May 2025), misrepresents the purpose and potential benefits of stablecoins and responsible legislation like the GENIUS Act. She assigns blame without providing concrete evidence, further hindering productive discussion about sensible crypto regulation.
The core of her argument, as presented in the retweeted article, is that the GENIUS Act would "create a superhighway for Donald Trump's corruption." This statement relies on the unsubstantiated claim that Trump is inherently corrupt and that stablecoins would facilitate this corruption. It's crucial to remember that the GENIUS Act aims to establish a regulatory framework for stablecoins, not to empower any individual, including former President Trump. The bill focuses on defining permitted issuers, mandating reserve backing, and establishing regulatory oversight to ensure stability and prevent illicit activities.
Senator Warren's consistent linking of stablecoins to Trump, as seen in her numerous tweets throughout 2025 (May, June, etc.), raises concerns about her objectivity. She consistently frames stablecoins as tools for illicit activities, ignoring their potential benefits. This approach undermines the potential for a balanced discussion about the future of crypto regulation. It's important to separate legitimate concerns about ethical conduct from politically motivated attacks that aim to stifle innovation in the crypto space. Stablecoins, when properly regulated, can offer increased financial inclusion, faster and cheaper transactions, and other benefits. The GENIUS Act, while not perfect, represents an attempt to create a regulatory framework that fosters innovation while mitigating risks. Senator Warren's rhetoric, however, paints a distorted picture, hindering the progress towards sensible crypto regulation.
Elizabeth Warren reposted the post below

Richard Blumenthal
@SenBlumenthal
The Trump family & Big Tech are eager to enrich themselves & consolidate financial power through crypto ventures & stablecoins. My colleagues & I have sensible amendments to the GENIUS Act to avert these risks. Senate Rs should let us vote on these fixes, not jam the bill through
2025-06-11T18:15:08.000Z
Elizabeth Warren reposted the post below

Senator Tina Smith
@SenTinaSmith
Republicans are jamming through the GENIUS Act which will turbocharge Donald Trump’s crypto corruption.
We need an amendment vote to stop the President, Vice President, and senior government officials from directly or indirectly profiting from a stablecoin venture.
The GENIUS Act should not pass without a vote on this fix.
2025-06-11T16:59:56.000Z

Elizabeth Warren
@SenWarren
The DOJ just charged a Russian national with moving hundreds of millions through the system—mostly using a foreign stablecoin called Tether.
The GENIUS Act includes a massive loophole that allows Tether to evade basic safeguards.
It must not move forward without real fixes.

2025-06-10T23:58:45.000Z
Analysis on Stance
Add your own analysis on this stanceSenator Warren's tweet raises concerns about the use of Tether by a Russian national charged with moving hundreds of millions of dollars, linking this to alleged loopholes in the GENIUS Act. She argues that the Act allows Tether to bypass safeguards and demands "real fixes" before its passage. While her focus on illicit finance is valid, her rhetoric misrepresents the nature of stablecoins and the GENIUS Act, potentially hindering productive discussion about sensible crypto regulation.
Firstly, labeling Tether a "foreign stablecoin" is misleading. While Tether Limited is headquartered outside the U.S., Tether operates globally and is widely used. This rhetoric plays into a narrative of distrust without addressing the underlying issue: the potential misuse of *any* financial instrument, including dollars, for illicit activities. Criminals will always seek ways to exploit financial systems, and focusing on one specific stablecoin distracts from the broader need for robust anti-money laundering (AML) and know-your-customer (KYC) measures across all financial platforms.
Secondly, her claim that the GENIUS Act contains a "massive loophole" allowing Tether to "evade basic safeguards" requires scrutiny. As discussed in my previous analyses of Senator Warren's tweets (May 2025, for example), she consistently opposes the GENIUS Act, often using alarmist language without providing specific details. The GENIUS Act, in fact, aims to establish a regulatory framework for stablecoins, including requirements for reserve backing and oversight, which would *enhance* safeguards, not weaken them. Her opposition seems rooted in a broader distrust of crypto, rather than a genuine assessment of the Act's provisions.
It's important to remember that the core purpose of a stablecoin like Tether is to facilitate transactions, just like any other currency. Its use in illicit activities is a symptom of broader criminal behavior, not an inherent flaw of the stablecoin itself. Senator Warren's rhetoric conflates the tool with the crime, potentially leading to misguided regulations that stifle innovation while failing to address the root problem of financial crime. A more productive approach would be to focus on strengthening AML/KYC regulations across all financial platforms, rather than singling out specific cryptocurrencies.
Senator Warren's tweet raises concerns about the use of Tether by a Russian national charged with moving hundreds of millions of dollars, linking this to alleged loopholes in the GENIUS Act. She argues that the Act allows Tether to bypass safeguards and demands "real fixes" before its passage. While her focus on illicit finance is valid, her rhetoric misrepresents the nature of stablecoins and the GENIUS Act, potentially hindering productive discussion about sensible crypto regulation.
Firstly, labeling Tether a "foreign stablecoin" is misleading. While Tether Limited is headquartered outside the U.S., Tether operates globally and is widely used. This rhetoric plays into a narrative of distrust without addressing the underlying issue: the potential misuse of *any* financial instrument, including dollars, for illicit activities. Criminals will always seek ways to exploit financial systems, and focusing on one specific stablecoin ignores the broader challenge of combating financial crime.
Secondly, her claim that the GENIUS Act contains a "massive loophole" allowing Tether to "evade basic safeguards" requires scrutiny. The GENIUS Act, as discussed in my previous analyses (May 20th, 2025, for example), aims to establish a regulatory framework for stablecoins, including requirements for reserve backing and compliance with anti-money laundering (AML) and know-your-customer (KYC) regulations. These provisions are designed to *enhance* safeguards, not weaken them. Senator Warren's assertion of a loophole needs specific evidence. Does she believe the reserve requirements are insufficient? Are the AML/KYC provisions inadequate? Without specifics, her claim lacks substance.
Thirdly, her demand for "real fixes" before the Act's passage echoes her broader skepticism towards crypto. While improvements to any legislation are always possible, her consistent negativity towards stablecoins, as seen in her numerous tweets on this topic throughout 2025 (May, June, etc.), raises concerns about her objectivity. She consistently frames stablecoins as tools for illicit activities, ignoring their potential benefits. This approach undermines the potential for a balanced discussion about the future of crypto regulation.
It's crucial to approach Senator Warren's statements with a critical eye. While combating financial crime is essential, her rhetoric often conflates legitimate concerns with politically charged accusations. This approach undermines the potential for productive dialogue about the future of crypto regulation. It's important to remember that the misuse of a tool doesn't negate its potential benefits. Stablecoins, like any financial innovation, can be used for both good and bad. The focus should be on robust regulation and enforcement, not on stifling innovation.
Senator Warren's tweet attempts to link criminal activity with Tether and uses this as an argument against the GENIUS Act. While combating illicit finance is crucial, her rhetoric misrepresents the situation and unfairly targets stablecoins. This tweet, like many of her previous statements on crypto (see my analyses of her tweets from May 2025), conflates legitimate concerns with politically charged accusations, hindering productive discussion about sensible crypto regulation.
She states, "The DOJ just charged a Russian national with moving hundreds of millions through the system—mostly using a foreign stablecoin called Tether." This framing implies Tether is somehow uniquely suited for illicit activities. Criminals use various financial instruments, including cash, traditional banking systems, and yes, sometimes crypto. Singling out Tether ignores the broader issue of financial crime and unfairly targets a specific stablecoin.
Her claim that the "GENIUS Act includes a massive loophole that allows Tether to evade basic safeguards" requires further scrutiny. The GENIUS Act, as discussed in my previous analyses (for example, my breakdown of her tweet on May 13th, 2025), aims to establish a regulatory framework for stablecoins. While specific details of the alleged "loophole" are missing from the tweet, it's likely Senator Warren is referring to provisions she believes are insufficient to prevent illicit activities. However, she doesn't explain why these provisions are inadequate or offer specific improvements. This lack of specificity allows her to criticize the bill without offering constructive solutions.
It's important to remember that stablecoins, including Tether, offer potential benefits like increased financial inclusion and faster, cheaper transactions. Responsible regulation should focus on mitigating risks without stifling innovation. Senator Warren's consistent negativity towards stablecoins, as seen in her numerous tweets on this topic throughout 2025 (March, May, June, etc.), raises concerns about her objectivity. She consistently frames stablecoins as tools for illicit activities, ignoring their potential benefits. This approach undermines the potential for a balanced discussion about the future of crypto regulation.
Senator Warren's tweet raises concerns about the use of Tether by a Russian national charged with moving hundreds of millions of dollars, linking this to alleged loopholes in the GENIUS Act. She argues that the Act allows Tether to bypass safeguards and shouldn't proceed without revisions. While her focus on illicit finance is valid, her rhetoric misrepresents the nature of stablecoins and the GENIUS Act, potentially hindering productive discussion about sensible crypto regulation.
Firstly, labeling Tether a "foreign stablecoin" is misleading. While Tether Limited is headquartered outside the U.S., Tether operates globally and is widely used. This rhetoric plays into a narrative of distrust without addressing the underlying issue: the potential misuse of *any* financial instrument, including dollars, for illicit activities. The focus should be on strengthening international AML/KYC standards, not singling out specific stablecoins.
Secondly, her claim that the GENIUS Act contains a "massive loophole" allowing Tether to "evade basic safeguards" requires scrutiny. As discussed in my previous analyses of Senator Warren's tweets (May 2025, for example), she consistently opposes the GENIUS Act, often using alarmist language without providing specific details. The GENIUS Act, in fact, aims to establish robust regulatory frameworks for stablecoins, including requirements for reserve backing and compliance with AML/KYC regulations. These provisions would *enhance* safeguards, not weaken them.
It's important to remember that bad actors exploit *all* financial systems, not just crypto. Senator Warren's rhetoric, by focusing solely on Tether and the GENIUS Act, creates a false narrative that stablecoins are inherently risky and unregulated. This approach undermines the potential for a balanced discussion about the future of crypto regulation. It's crucial to separate legitimate concerns about illicit finance from politically motivated attacks that aim to stifle innovation in the crypto space.
Senator Warren's tweet raises concerns about the use of Tether by a Russian national charged with moving hundreds of millions of dollars, linking this to alleged loopholes in the GENIUS Act. She argues that the Act allows Tether to bypass safeguards and demands "real fixes" before its passage. While her focus on illicit finance is valid, her rhetoric misrepresents the nature of stablecoins and the GENIUS Act, potentially hindering productive discussion about sensible crypto regulation.
Firstly, labeling Tether a "foreign stablecoin" is misleading. While Tether Limited is headquartered outside the U.S., Tether operates globally and is widely used. This rhetoric plays into a narrative of distrust without addressing the underlying issue: the potential misuse of *any* financial instrument, including dollars, for illicit activities. Criminals will always seek ways to exploit financial systems, and focusing on one specific stablecoin ignores the broader challenge of combating financial crime.
Secondly, her claim that the GENIUS Act contains a "massive loophole" allowing Tether to "evade basic safeguards" requires scrutiny. The GENIUS Act, as discussed in my previous analyses (May 20th, 2025, for example), aims to establish a regulatory framework for stablecoins, including requirements for reserve backing and compliance with anti-money laundering (AML) and know-your-customer (KYC) regulations. These provisions are designed to *enhance* safeguards, not weaken them. Senator Warren's assertion of a loophole needs specific evidence. Does she believe the reserve requirements are insufficient? Are the AML/KYC provisions inadequate? Without specifics, her claim lacks substance.
Thirdly, her demand for "real fixes" before the Act's passage echoes her broader skepticism towards crypto. While improvements to any legislation are always possible, her consistent negativity towards stablecoins, as seen in her numerous tweets on this topic throughout 2025 (May, June, etc.), raises concerns about her objectivity. She consistently frames stablecoins as tools for illicit activities, ignoring their potential benefits. This approach undermines the potential for a balanced discussion about the future of crypto regulation.
It's crucial to approach Senator Warren's statements with a critical eye. While combating financial crime is essential, her rhetoric often conflates legitimate concerns with politically charged accusations. This approach undermines the potential for productive dialogue about the future of crypto regulation. It's important to remember that the misuse of a tool doesn't negate its potential benefits. Stablecoins, like any financial innovation, can be used for both good and bad. The focus should be on robust regulation and enforcement, not on stifling innovation.

Elizabeth Warren
@SenWarren
The GOP slipped a last-minute carveout for crypto wallets into the GENIUS Act—and now the Trump family is planning to launch one.
I’ll introduce an amendment to close this loophole, but this bill shouldn’t pass without serious anti-corruption fixes.

2025-06-04T12:41:58.000Z
Analysis on Stance
Add your own analysis on this stanceSenator Warren is again raising concerns about the GENIUS Act and its potential implications for crypto, particularly in light of the Trump family's reported plans to launch a crypto wallet. She claims a "last-minute carveout for crypto wallets" was added to the bill, suggesting this was done to benefit the Trumps and constitutes a "loophole" that needs closing. While her promised amendment aims to address this, she argues the entire bill needs "serious anti-corruption fixes." This continues her pattern of connecting crypto to alleged corruption involving former President Trump, a tactic she's employed repeatedly in her past tweets (May 1st, 2025, for example).
It's important to analyze her claims critically. First, what exactly does this "carveout for crypto wallets" entail? The tweet lacks specifics, making it difficult to assess whether it's a legitimate loophole or a standard provision for digital asset management. Without understanding the details of this carveout, it's impossible to determine if it unfairly favors any particular entity.
Second, the Senator links this carveout to the Trump family's plans to launch a crypto wallet, implying a quid pro quo. However, she provides no evidence to support this connection. Is there documentation showing the Trump family influenced the inclusion of this carveout? Or is this mere insinuation, relying on guilt by association? This lack of transparency is a recurring theme in Senator Warren's crypto commentary.
Third, her call for "serious anti-corruption fixes" to the GENIUS Act echoes her broader skepticism towards crypto. While combating corruption is crucial, her rhetoric often conflates legitimate concerns with politically charged accusations. This approach undermines the potential for productive dialogue about the future of crypto regulation. It's important to remember that the GENIUS Act itself aims to establish a regulatory framework for stablecoins, a goal that could benefit the crypto industry by providing much-needed clarity and consumer protection.
It's crucial to approach Senator Warren's statements with a discerning eye. While scrutiny of any financial legislation is essential, particularly when it involves individuals with political connections, her rhetoric consistently relies on insinuation and fear-mongering, hindering a balanced discussion about the potential benefits and necessary regulations for the crypto space.
Senator Warren is again raising concerns about the GENIUS Act and its potential implications for crypto, particularly in light of the Trump family's reported plans to launch a crypto wallet. She claims a "last-minute carveout for crypto wallets" was added to the bill, suggesting this was done to benefit the Trump family and represents a "loophole" that needs closing. While her promised amendment aims to address this, she argues the entire bill needs "serious anti-corruption fixes." This continues her pattern of connecting crypto to alleged corruption involving former President Trump, often without providing concrete evidence.
Her tweet raises several important points. First, the claim of a "last-minute carveout" suggests a lack of transparency and potentially undue influence. However, without specifics about this carveout—what it entails, who introduced it, and how it benefits crypto wallets—it's difficult to assess the validity of her concern. Is this carveout truly a loophole, or a legitimate provision with a reasonable justification?
Second, the connection to the Trump family's planned crypto wallet launch raises questions about potential conflicts of interest. However, simply launching a crypto wallet isn't inherently corrupt. Many individuals and businesses are involved in the crypto space, and it's important to avoid guilt by association. Does Senator Warren have evidence suggesting this wallet launch is connected to the alleged carveout or involves illicit activities?
Third, her call for "serious anti-corruption fixes" to the GENIUS Act echoes her broader skepticism towards crypto, particularly when linked to Trump. While combating corruption is crucial, it's important to ensure such efforts don't stifle innovation or impose unnecessary burdens on the crypto industry. What specific fixes does she propose, and how would they impact the overall regulatory framework for crypto?
As with her previous tweets on this topic (see my analyses from May 2025), Senator Warren's rhetoric raises concerns about her objectivity. She consistently frames crypto, especially stablecoins, as tools for corruption, often without providing concrete evidence. This approach undermines the potential for a balanced discussion about the future of crypto regulation. It's crucial to separate legitimate concerns about ethical conduct from politically motivated attacks that aim to stifle innovation in the crypto space.
Senator Warren is again raising concerns about the GENIUS Act and its potential implications for crypto, particularly in light of the Trump family's reported plans to launch a crypto wallet. She claims the GOP inserted a "carveout" for crypto wallets, implying it was a deliberate move to benefit the Trumps. While she intends to introduce an amendment to address this, she believes the bill shouldn't pass without broader anti-corruption measures. This continues her pattern of linking crypto to alleged Trump family corruption, a tactic that often overshadows legitimate regulatory concerns.
Let's unpack this: The Senator's claim of a "last-minute carveout" suggests a clandestine maneuver to create a loophole benefiting a specific party. However, without knowing the specifics of this provision, it's impossible to determine if it's truly a loophole or a legitimate part of the bill. Does it exempt certain wallets from regulatory oversight? Does it create an unfair advantage for certain types of wallets? The lack of detail allows for speculation and fear-mongering without providing any concrete evidence of wrongdoing.
Her assertion that the Trump family's plan to launch a wallet is somehow connected to this "carveout" is also presented without evidence. Is there any proof that this provision was specifically designed to benefit the Trumps? Or is it simply a coincidence that they are entering the crypto wallet space while this legislation is being debated? Senator Warren's consistent linking of Trump to crypto, often using terms like "corruption" and "grift" (as seen in her tweets throughout May 2025), creates a narrative of wrongdoing without providing concrete proof.
While concerns about potential conflicts of interest are valid and warrant investigation, Senator Warren's approach often conflates legitimate concerns with politically charged accusations. This tactic undermines the potential for a productive discussion about the GENIUS Act and its implications for the crypto industry. It's crucial to separate genuine regulatory concerns from politically motivated attacks that could stifle innovation in the crypto space. The focus should be on ensuring the bill provides adequate consumer protections and fosters responsible growth in the industry, rather than using inflammatory rhetoric to derail its progress.
Senator Warren is at it again, claiming Republicans inserted a "carveout for crypto wallets" into the GENIUS Act to benefit the Trump family. She vows to introduce an amendment to close this supposed "loophole," reiterating her stance that the bill needs "anti-corruption fixes." This continues her pattern of connecting crypto to corruption allegations against former President Trump, often without providing concrete evidence.
Let's unpack this. First, the claim about a "carveout for crypto wallets" needs clarification. What specific provisions of the GENIUS Act is she referring to? Does this carveout exempt certain wallets from existing regulations, or create new regulations specifically targeting them? Without specifics, it's difficult to assess the validity of her concern. It's possible she's misrepresenting a legitimate regulatory distinction as a special favor for the Trump family.
Second, her assertion that the Trump family is planning to launch a crypto wallet raises questions. Is this a custodial wallet, a non-custodial wallet, or something else? What specific advantage would they gain from this alleged carveout? Simply launching a wallet doesn't inherently imply corruption. Many individuals and businesses, including prominent politicians, have explored or endorsed crypto wallets without accusations of wrongdoing.
Third, Senator Warren's repeated calls for "anti-corruption fixes" to the GENIUS Act, while superficially reasonable, appear to be part of a broader strategy to obstruct any crypto legislation she perceives as benefiting the Trump family. This approach prevents a balanced discussion about the potential benefits of the GENIUS Act, which aims to establish a regulatory framework for stablecoins. While scrutiny of any financial legislation is important, particularly when it involves individuals with political connections, Senator Warren's rhetoric consistently conflates legitimate concerns with politically charged accusations.
It's crucial to approach Senator Warren's statements with a critical eye. Her consistent negativity towards crypto, particularly when linked to Trump, raises concerns about her objectivity. While legitimate concerns about ethical conduct should be addressed, it's equally important to avoid politically motivated attacks that stifle innovation in the crypto space.
Senator Warren is again raising concerns about the GENIUS Act, alleging a last-minute provision benefiting crypto wallets was inserted, coinciding with the Trump family's plans to launch one. She intends to introduce an amendment to address this perceived "loophole," reiterating her stance that the bill needs significant revisions to address alleged corruption. This continues her pattern of connecting crypto to Trump and alleging corruption without providing concrete evidence.
While the Senator's concern about potential conflicts of interest warrants attention, her rhetoric lacks crucial specifics. What exactly is the "carveout" for crypto wallets? How does it specifically benefit the Trump family's planned wallet launch? Without these details, it's impossible to assess the validity of her claim. This lack of transparency allows her to cast suspicion over the entire bill, associating it with corruption without providing concrete proof.
Furthermore, her repeated calls for "anti-corruption fixes" without specifying what these fixes entail raises concerns. It's crucial to differentiate between legitimate concerns about regulatory capture and politically motivated accusations. Responsible criticism requires evidence, not just insinuation. The focus should be on ensuring the bill establishes clear regulatory frameworks that protect consumers and foster responsible innovation, rather than using inflammatory rhetoric to stifle progress in the crypto space. Her previous tweets (throughout May 2025) consistently link Trump to alleged crypto corruption, often using inflammatory language without providing concrete evidence. This pattern raises concerns about her objectivity and suggests a broader agenda to undermine the crypto industry.
Elizabeth Warren reposted the post below

Aaron Rupar
@atrupar
Chris Murphy on the crypto bill: "The problem is the existing version of that bill exempts the president from the ethics requirements. It says it's unethical for me to issue or market a stablecoin, but it's okay for the president to do it. That's not something any Democrat should vote for."

2025-06-01T13:45:55.000Z

Elizabeth Warren
@SenWarren
We don’t have to wonder how President Trump will line his pockets if the GENIUS Act passes—he's showing us now.
Since Monday's GENIUS Act vote, his stablecoin’s daily trade volume has increased by over a BILLION dollars, or 1000%.
The Senate can and must stop this corruption.
2025-05-23T17:09:10.000Z

Elizabeth Warren
@SenWarren
Americans didn’t send us to Congress to help Trump turn the White House into a crypto cash machine.
We can't look the other way when the President hosts a private dinner for his top meme coin buyers—or pass crypto bills like the GENIUS Act that would further line his pockets.

2025-05-22T20:23:25.000Z
Voted against a bill on May 20th, 2025
Bill Name
GENIUS Act
Details
The GENIUS Act of 2025 proposes a regulatory framework for payment stablecoins. It defines permitted issuers (insured depository institutions, their subsidiaries, and approved nonbank entities) and mandates 1:1 reserve backing with specific high-quality assets. The bill outlines federal and state regulatory oversight options, sets requirements for customer asset segregation, and grants stablecoin holders priority in insolvency proceedings. It also clarifies that regulated payment stablecoins are not considered securities or commodities under various acts. The bill designates issuers as financial institutions under the Bank Secrecy Act, requiring compliance with AML, KYC, and sanctions regulations to prevent illicit finance and safeguard national security. It also reinforces U.S. leadership in digital finance by supporting innovation and ensuring the dollar remains competitive in a rapidly evolving global financial landscape.

Elizabeth Warren
@SenWarren
I’m on the Senate floor right now urging my colleagues to vote no on the GENIUS Act.
There is no excuse for Congress to pass a crypto bill that will turbocharge Trump’s corruption. x.com/i/broadcasts/1…
2025-05-19T20:55:09.000Z

Elizabeth Warren
@SenWarren
A $2B foreign crypto deal using Trump’s stablecoin.
The convicted criminal, who still owns 90% of the crypto exchange, asking Trump for a pardon.
All while Republicans push a bill to boost the stablecoin market.
Corruption doesn’t get clearer than this.

The Wall Street Journal
@WSJ
Democratic senators scrutinize Binance founder Changpeng Zhao’s push for a Trump pardon on.wsj.com/43cYTCD
2025-05-15T12:22:30.000Z
2025-05-15T20:55:56.000Z
Analysis on Stance
Add your own analysis on this stanceSenator Warren's tweet paints a picture of corruption, linking a $2 billion foreign crypto deal involving Trump's stablecoin to a pardon request by a convicted criminal who allegedly owns 90% of a crypto exchange. She further connects this to Republicans pushing a bill to boost the stablecoin market. While calls for transparency are valid, her rhetoric continues a pattern of unsubstantiated accusations and guilt by association, ultimately hindering productive discussion about sensible crypto regulation.
Let's break down the tweet: She references a "$2B foreign crypto deal using Trump’s stablecoin." This likely refers to the ongoing narrative surrounding former President Trump's involvement with World Liberty Financial and their stablecoin, USD1. As discussed in my previous analyses of Senator Warren's tweets (May 1st, 2025, for example), she consistently links this stablecoin to alleged corruption without providing concrete evidence. The mere size of the deal, while noteworthy, doesn't automatically equate to corruption.
Next, she mentions a "convicted criminal, who still owns 90% of the crypto exchange, asking Trump for a pardon." This appears to reference Binance founder Changpeng Zhao, based on the quoted Wall Street Journal tweet. While any potential connection between a pardon request and a business deal warrants scrutiny, Senator Warren presents no evidence linking the two. Her insinuation creates a cloud of suspicion without providing any concrete proof.
Finally, she claims "Republicans push a bill to boost the stablecoin market" as if this is inherently corrupt. While it's true that some Republicans are pushing for stablecoin legislation, this doesn't automatically imply nefarious intent. Stablecoins offer potential benefits, including increased financial inclusion and faster, cheaper transactions. Responsible legislation could establish clear regulatory frameworks to protect consumers and foster innovation.
Senator Warren's consistent negativity towards stablecoins, as seen in her numerous tweets on this topic throughout 2025 (March, May, etc.), raises concerns about her objectivity. She consistently frames stablecoins as tools for illicit activities, ignoring their potential benefits. This approach undermines the potential for a balanced discussion about the future of crypto regulation. It's crucial to separate legitimate concerns about ethical conduct from politically motivated attacks that aim to stifle innovation in the crypto space.

Elizabeth Warren
@SenWarren
A company with ties to China is pouring as much as $300 million into Donald Trump’s memecoin—while the Senate is negotiating a crypto bill that can supercharge the President’s crypto corruption.
We're at a crossroads, and the GENIUS Act must not pass without serious guardrails.

2025-05-14T21:40:42.000Z

Elizabeth Warren
@SenWarren
President Trump's crypto corruption is so bad the @WSJ Editorial Board agrees with me.
In their words, it appears to be a "conflict of interest in selling access to the President."
Congress cannot pass crypto legislation without putting a stop to this.
wsj.com/opinion/the-tr…
2025-05-12T17:50:13.000Z
Analysis on Stance
Add your own analysis on this stanceSenator Warren again highlights alleged "crypto corruption" linked to former President Trump, citing agreement from the Wall Street Journal Editorial Board. She claims this corruption involves "selling access to the President" and insists Congress must address it before passing any crypto legislation. While calls for transparency and accountability are important, Senator Warren's rhetoric continues a pattern of conflating legitimate concerns with politically charged accusations, ultimately hindering productive discussion about sensible crypto regulation.
The Senator's tweet lacks crucial specifics. What exactly constitutes this "crypto corruption"? What evidence supports the claim of "selling access"? Without these details, it's impossible to assess the validity of her accusations. This ambiguity allows her to paint a broad stroke of negativity over the entire crypto industry, associating it with corruption without providing concrete proof.
Furthermore, her insistence that Congress halt all crypto legislation until this alleged corruption is addressed is a dangerous overreach. It's a tactic to obstruct progress on much-needed regulatory clarity for the crypto space. While concerns about potential conflicts of interest should be investigated, they shouldn't be used as a blanket justification to stifle innovation and prevent the establishment of sensible regulations that protect consumers and foster responsible growth in the crypto industry.
This tweet, like many of Senator Warren's previous statements on crypto (including those from March and May 2025 linking stablecoins to Trump and Musk), relies on fear-mongering and guilt by association. This approach undermines the potential for a balanced discussion about the future of crypto regulation. It's crucial to separate legitimate concerns about ethical conduct from politically motivated attacks that aim to stifle innovation in the crypto space.

Elizabeth Warren
@SenWarren
Senate Republicans are trying to jam Democrats with a stablecoin bill that helps Trump rake in hundreds of millions of dollars—just as he tanks the economy and raises costs for everyone else.
Rolling over without fixing this bill would be a huge mistake.

2025-05-08T17:21:10.000Z

Elizabeth Warren
@SenWarren
Democrats should stand together and use our power to fix the GENIUS Act before the vote tomorrow. There is no excuse to facilitate Trump's crypto corruption.

2025-05-08T00:49:03.000Z

Elizabeth Warren
@SenWarren
Trump is already using his stablecoin to get a cut of a $2 BILLION deal with a shady UAE fund.
The Senate will vote on the GENIUS Act, a crypto bill which would make the President's grift even easier.
If we don't fix that problem, no Senator should vote for it.

2025-05-06T21:28:52.000Z

Elizabeth Warren
@SenWarren
The Trump family stablecoin surged to 7th largest in the world because of a shady crypto deal with the United Arab Emirates—a foreign government that will give them a crazy amount of money.
The Senate shouldn’t pass a crypto bill this week to facilitate this kind of corruption.

2025-05-04T21:00:49.000Z

Elizabeth Warren
@SenWarren
Donald Trump’s latest corruption?
A $2 BILLION stablecoin deal with a foreign crypto company that will benefit the Trump family business.
And it gets worse — the Senate is getting ready to bless this kind of grift.
But it's not too late to make changes.
Here's the latest:

2025-05-01T22:48:31.000Z
Analysis on Stance
Add your own analysis on this stanceSenator Warren again raises concerns about a purported $2 billion stablecoin deal involving former President Trump, alleging corruption and suggesting the Senate is complicit. She characterizes the deal as a "grift" benefiting the Trump family business and links it to upcoming Senate legislation. This rhetoric echoes her previous criticisms of stablecoins and warrants careful analysis.
First, the Senator's tweet lacks crucial details. She doesn't specify the "foreign crypto company" involved or the nature of the "stablecoin deal." Without this information, it's impossible to assess the validity of her corruption claims. This lack of transparency is a recurring theme in her crypto commentary, often relying on vague accusations and associating stablecoins with controversial figures like Trump and Elon Musk to stoke public fear.
Second, her claim that the Senate is "blessing this kind of grift" is a serious allegation. It implies that the upcoming legislation is designed to benefit the Trump family financially, suggesting regulatory capture. However, she provides no evidence to support this claim. It's crucial to differentiate between legitimate concerns about regulatory influence and unsubstantiated accusations of corruption. Responsible criticism requires evidence, not just insinuation.
Third, Senator Warren's consistent negativity towards stablecoins, as seen in her past tweets about Trump and Musk's involvement in the crypto space, raises concerns about her objectivity. She consistently frames stablecoins as tools for illicit activities, ignoring their potential benefits. Stablecoins can facilitate faster, cheaper transactions, particularly across borders, and promote financial inclusion by offering alternatives to traditional banking systems.
While scrutiny of any financial legislation is essential, particularly when it involves individuals with political connections, Senator Warren's approach seems more focused on fear-mongering than fostering a balanced discussion about necessary regulations. The focus should be on establishing clear regulatory frameworks that ensure transparency, reserve backing, and consumer protection, rather than using inflammatory rhetoric to stifle innovation in the crypto space.

Elizabeth Warren
@SenWarren
A shady fund backed by a foreign government just announced a $2 billion deal using Trump stablecoins.
The Senate is gearing up to pass stablecoin legislation that will make it easier for Trump's family to line their own pockets.
This is corruption. No Senator should support it.

Kenneth P. Vogel
@kenvogel
NEW: A fund backed by Abu Dhabi will be making a $2 BILLION business deal using digital coins from the Trump family's cryptocurrency venture, World Liberty Financial, according to an announcement Thursday in Dubai by Steve Witkoff's son Zach Witkoff. nytimes.com/2025/05/01/us/…
2025-05-01T16:55:39.000Z
2025-05-01T18:07:50.000Z
Analysis on Stance
Add your own analysis on this stanceSenator Warren continues her crusade against stablecoins, linking them to former President Trump in a recent tweet. She characterizes a $2 billion deal involving "Trump stablecoins" as corrupt, suggesting the Senate's impending stablecoin legislation will only exacerbate this alleged corruption. This rhetoric requires careful examination.
The tweet references a deal involving World Liberty Financial, a cryptocurrency venture associated with the Trump family. While the substantial sum involved certainly raises eyebrows, Senator Warren's immediate leap to accusations of "corruption" is premature and lacks substantiation. She implies a quid pro quo between the Trump family and the Senate, suggesting the legislation is designed to benefit the Trumps financially. This serious allegation requires concrete evidence, which the Senator fails to provide.
It's important to separate legitimate concerns about regulatory capture from politically charged rhetoric. While scrutiny of any financial legislation is warranted, particularly when it involves individuals with political connections, Senator Warren's consistent negativity towards crypto and stablecoins, as evidenced by her past tweets on this topic, raises concerns about her objectivity. She consistently frames stablecoins as tools for illicit activities, ignoring their potential benefits, such as increased financial inclusion and faster, cheaper transactions.
This pattern of associating stablecoins with controversial figures like Trump and Elon Musk, as seen in her previous tweets, appears to be a deliberate strategy to undermine public trust in these technologies. This approach not only stifles innovation but also prevents a balanced discussion about the necessary regulations for stablecoins. The focus should be on establishing clear regulatory frameworks that ensure transparency, reserve backing, and consumer protection, rather than using fear-mongering to obstruct progress in the crypto space.

Elizabeth Warren
@SenWarren
While Republicans rush to pass a bill that'll allow Donald Trump and Elon Musk to take control of your money, @RepMaxineWaters and I are calling on the SEC to investigate Trump's crypto business for conflicts of interest.
Americans deserve better.
reuters.com/sustainability…
2025-04-02T20:52:17.000Z

Elizabeth Warren
@SenWarren
This is Donald Trump’s latest grift to enrich himself.
Congress should step up and fix the current stablecoin bill moving through the Senate that will make it easier for Trump – and Elon Musk – to take control of your money.
nytimes.com/2025/03/25/tec…
2025-03-25T21:04:04.000Z
Analysis on Stance
Add your own analysis on this stanceSenator Warren's tweet expresses concern over a stablecoin bill under consideration in the Senate, claiming it would empower Donald Trump and Elon Musk to "take control of your money." She characterizes this as Trump's "latest grift," implying corrupt intentions. This tweet warrants a closer look, particularly given Senator Warren's consistently negative stance on crypto.
It's important to understand the context surrounding this legislation. Unfortunately, the tweet lacks specifics about the bill in question, making it difficult to assess the validity of her claims. However, based on her previous rhetoric (as seen in her tweets from March 2025 regarding a stablecoin bill and Elon Musk's potential involvement), it's likely she's referring to legislation that would potentially allow non-banks to issue stablecoins.
Senator Warren's framing of this as a power grab by Trump and Musk is alarmist and lacks nuance. While it's true that stablecoins issued by private entities raise regulatory questions, they also offer significant potential benefits. Decentralized stablecoins, unlike CBDCs, can promote financial inclusion and reduce reliance on traditional financial institutions, which can be discriminatory or inaccessible to many. They also facilitate faster and cheaper transactions, particularly across borders.
Her repeated attempts to link stablecoins to figures like Trump and Musk, who are often subjects of controversy, appear to be a tactic to stoke public fear and undermine support for stablecoin legislation. This rhetoric ignores the potential benefits of stablecoins and the need for clear, balanced regulation that fosters innovation while mitigating risks. It's crucial to remember that well-designed stablecoin legislation can protect consumers *without* giving undue control to any individual or entity. The focus should be on establishing clear regulatory frameworks that ensure transparency, reserve backing, and consumer protection, rather than using fear-mongering to stifle innovation.
Elizabeth Warren reposted the post below

Senate Banking and Housing Democrats
@SenateBanking
Bloomberg just broke news that the Trump family’s crypto company has been in discussions with Binance on doing business, including possibly creating a new stablecoin.
We have a chance to fix this stablecoin bill to prevent this kind of naked corruption.

2025-03-13T16:18:49.000Z
Elizabeth Warren reposted the post below

Senate Banking and Housing Democrats
@SenateBanking
Ranking Member Warren on stablecoin legislation: If we can find compromises on these issues today, I’m prepared to support this bill. If not, I will work to defeat it. Because we are not going to get a second chance to do this right, and we all have to live with the consequences.

2025-03-13T15:04:41.000Z

Elizabeth Warren
@SenWarren
Senate Republicans are pushing a bill that will let Elon Musk and Big Tech CEOs take control of your money. Democrats are ready to fix the problems with this stablecoin bill.
Americans want Congress to lower costs – not risk their money, our economy, and national security.

2025-03-13T01:07:35.000Z

Elizabeth Warren
@SenWarren
First: Elon Musk tweeted "CFPB RIP."
Now: Republicans are trying to block the CFPB from stopping fraud on apps like Venmo, CashApp and Elon’s new X Money.
Next week: They'll try to move legislation allowing Musk to sell X Money as a stablecoin without any consumer protections.

2025-03-05T21:59:16.000Z

Elizabeth Warren
@SenWarren
There are very few people in America who think tax dollars should be spent to juice the net worth of a small handful of crypto billionaires — yet that’s exactly what’s happening here.
Donald Trump’s idea of a crypto slush fund is pure corruption.
cnn.com/2025/03/04/bus…
2025-03-05T17:09:23.000Z
Voted against a bill on Mar 4th, 2025
Bill Name
S.J. Res 3
Details
A joint resolution providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Internal Revenue Service relating to "Gross Proceeds Reporting by Brokers That Regularly Provide Services Effectuating Digital Asset Sales".

Elizabeth Warren
@SenWarren
Howard Lutnick is in deep with crypto company Tether — aka “outlaws’ favorite currency.”
Tether financed North Korean nuclear weapons programs and Russian arms companies. Lutnick and his company made millions.
I have some questions for him.

Bloomberg
@business
Democratic Senator Elizabeth Warren is pressing Commerce secretary nominee Howard Lutnick on connections he and his firm Cantor Fitzgerald have with a company that’s the go-to cryptocurrency of the criminal world trib.al/viUnHws
2025-01-28T16:49:41.000Z
2025-01-29T13:46:53.000Z
Voted against a bill on May 16th, 2024
Bill Name
SAB 121 House Joint Resolution
Details
For congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Securities and Exchange Commission relating to "Staff Accounting Bulletin No. 121".
This staff accounting bulletin expresses the views of the staff regarding the accounting for obligations to safeguard crypto-assets an entity holds for platform users.

Elizabeth Warren
@SenWarren
Cyber criminals are exploiting cryptocurrency to scam Americans out of billions every year.
In 2023, the FBI reported $12.5 billion in losses from online scams—fueled by phony crypto schemes.
We need more rules to protect consumers from crypto risks.
ca.news.yahoo.com/record-12-5-bi…
2024-03-29T20:14:35.000Z
Analysis on Stance
Add your own analysis on this stanceSenator Warren's comments on cryptocurrency scams warrant a closer examination. While it's true that nefarious actors exploit the anonymity afforded by cryptocurrencies, it's crucial to remember that crypto itself isn't the problem. Blaming cryptocurrency for scams is akin to blaming the internet for phishing emails. The underlying technology isn't inherently malicious; it's how it's misused that creates the issue.
Senator Warren cites a concerning statistic from the FBI regarding losses from online scams fueled by "phony crypto schemes." It's important to understand that these schemes often involve fraudulent investment opportunities, impersonations, and other deceptive tactics that prey on unsuspecting individuals. These scams leverage the novelty and perceived complexity of crypto to deceive victims, not the technology itself. Furthermore, robust consumer protection laws and increased financial literacy are essential to combatting these scams, regardless of the medium used. Simply increasing regulation on crypto without addressing the root causes of these scams will not protect consumers. In fact, overly restrictive regulations could stifle innovation and drive users towards unregulated, and potentially more dangerous, platforms.
It's also worth noting that Senator Warren's historically critical stance on crypto is well-documented. While her concerns about consumer protection are valid, it's important to approach this issue with a balanced perspective. Overly burdensome regulations could stifle the potential benefits of crypto, such as increased financial inclusion and innovation. A more productive approach would involve fostering collaboration between regulators, industry experts, and consumer advocacy groups to develop sensible guidelines that protect consumers while allowing the crypto space to thrive.

Elizabeth Warren
@SenWarren
Sam Bankman-Fried stole customer money and threw it at lawmakers to try to advance his crimes.
It’s time white collar criminals are held to account, but lawmakers are still pushing his schemes.
We need tough rules to crack down on crypto crime.
2024-03-28T19:07:41.000Z

Elizabeth Warren
@SenWarren
For years, I’ve been ringing the alarm that cryptomining uses more energy than entire cities. @SecGranholm’s decision to track crypto emissions is powerfully important in our fight to rein in crypto’s carbon pollution.
reuters.com/technology/us-…
2024-01-31T22:31:24.000Z

Elizabeth Warren
@SenWarren
A new @USGAO report confirms that rogue nations are using crypto to dodge sanctions and undermine our national security.
It’s time for crypto to follow the same anti-money laundering rules as everyone else. I’ve got a bill to make it happen.

U.S. GAO
@USGAO
Economic sanctions allow the U.S. to pressure foreign entities that work against our interests. But digital assets, such as cryptocurrencies, can be used to evade those sanctions’ effects.
Today’s blog post looks at the federal response to this issue: gao.gov/blog/effective…
2024-01-16T19:00:14.000Z
2024-01-21T22:46:21.000Z

Elizabeth Warren
@SenWarren
The @SECgov is wrong on the law and wrong on the policy with respect to the Bitcoin ETF decision.
If the SEC is going to let crypto burrow even deeper into our financial system, then it's more urgent than ever that crypto follow basic anti-money laundering rules.
2024-01-11T21:41:42.000Z

Elizabeth Warren
@SenWarren
Crypto companies are spending millions building an army of former defense and law enforcement officials to lobby against new rules shutting down crypto-financed terrorism. This revolving door boosts the crypto industry, but endangers our national security.

POLITICO
@politico
Elizabeth Warren calls out crypto's Washington revolving door ow.ly/UKi410568R3
2023-12-19T13:55:35.000Z
2023-12-19T21:52:34.000Z

Elizabeth Warren
@SenWarren
When it comes to banking policy, I don’t usually agree with the CEOs of multi-billion dollar banks. But enforcing anti-money laundering rules against crypto to protect national security is common sense & critical. It's time for Congress to act.

2023-12-07T02:42:01.000Z

Elizabeth Warren
@SenWarren
Law enforcement and national security officials need additional authorities and resources to pursue money laundering, sanctions evasion, & criminal activity facilitated through crypto. I’ll keep working to pass bipartisan legislation to address this serious and dangerous problem.
2023-11-21T21:24:10.000Z

Elizabeth Warren
@SenWarren
The CEO of the world’s largest crypto exchange pleaded guilty to breaking anti-money laundering laws. This is part of a larger trend of criminal activity in the crypto industry and sadly predictable. I urged @TheJusticeDept to investigate Binance for lying to Congress.
2023-11-21T21:24:10.000Z

Elizabeth Warren
@SenWarren
Wall Street Journal: "Hamas Needed a New Way to Get Money From Iran. It Turned to Crypto."
I've been ringing the alarm bell that crypto-financed terrorism is a national security threat. @USTreasury needs better tools and more resources. Congress must act. wsj.com/world/middle-e…
2023-11-15T17:33:01.000Z
Analysis on Stance
Add your own analysis on this stanceSenator Warren's assertion that crypto-financed terrorism is a national security threat, referencing a Wall Street Journal article about Hamas using crypto, requires careful consideration. While the potential for illicit use of cryptocurrencies is undeniable, it's crucial to avoid generalizations and understand the nuances of this complex issue.
The Wall Street Journal article highlights Hamas's use of crypto to receive funding from Iran. This indeed raises concerns, but it's important to remember that *any* financial system, including traditional banking, can be exploited for illicit purposes. The key difference lies in transparency. Crypto transactions, recorded on public blockchains, offer a potential audit trail that can be used to track and investigate illicit activities. This level of transparency is often lacking in traditional financial systems, making it *more* difficult to trace the flow of funds used for terrorism or other criminal activities.
Senator Warren's call for increased resources for the Treasury Department is understandable, but it's essential to ensure that these resources are used effectively. Focusing solely on restricting crypto without addressing the broader issue of terrorist financing would be a misallocation of resources. A more comprehensive approach would involve strengthening international cooperation, improving intelligence gathering, and developing strategies to disrupt the underlying networks that facilitate terrorist financing, regardless of the financial instruments used.
Furthermore, it's important to recognize that the vast majority of cryptocurrency transactions are legitimate. Overly restrictive regulations, driven by fear of misuse, could stifle innovation and limit the potential benefits of crypto, such as increased financial inclusion and faster, cheaper cross-border transactions. As I've noted in previous commentary on Senator Warren's stance on crypto, a balanced approach is crucial. We must address the risks of illicit use while fostering responsible innovation and protecting the rights of law-abiding crypto users. This requires collaboration between regulators, industry experts, and the crypto community to develop sensible guidelines that promote security without stifling the potential of this transformative technology. Simply calling for more regulation without a nuanced understanding of the technology and its potential benefits is not a productive solution.

Elizabeth Warren
@SenWarren
.@USTreasury & the IRS proposed a new crypto broker reporting rule to close the $50 billion crypto tax gap. But the rule is facing a two-year delay. @SenAngusKing & I are leading the call to swiftly implement this rule & crack down on wealthy tax cheats. bloomberg.com/news/articles/…
2023-11-06T22:59:31.000Z

Elizabeth Warren
@SenWarren
No one is above the law, including crypto executives. Sam Bankman-Fried stole billions from everyday Americans and will be held accountable.

The Wall Street Journal
@WSJ
Sam Bankman-Fried was found guilty of stealing billions of dollars from FTX customers. It’s been called one of the biggest financial frauds in U.S. history. on.wsj.com/47d1pt6
2023-11-02T23:56:01.000Z
2023-11-03T01:40:18.000Z

Elizabeth Warren
@SenWarren
Major announcement by @TreasuryDepSec Wally Adeyemo to crack down on crypto financed-terrorism.
I led 100+ lawmakers raising concerns, and the Biden administration is taking swift and significant action. Congress must also step up and close crypto money laundering loopholes.

Real Time Economics
@WSJecon
The Biden administration is set to designate international “mixers,” cryptocurrency exchanges that provide customers anonymity, as money-laundering hubs that threaten national security, a significant regulatory step on.wsj.com/3Q6lPND
2023-10-19T16:49:48.000Z
2023-10-19T21:19:16.000Z
Elizabeth Warren reposted the post below

Wall Street Journal Opinion
@WSJopinion
Terrorists, rogue nations, drug traffickers and other criminals are enlisting cryptocurrency to endanger our allies and U.S. national security. It’s past time to apply the same anti-money laundering rules to crypto, write @SenWarren and @RogerMarshallMD
on.wsj.com/3FpcBai
2023-10-19T02:40:03.000Z

Elizabeth Warren
@SenWarren
Hamas raised millions via crypto in the months leading up to their attack on Israel. @RogerMarshallMD, @RepCasten and I are leading 100+ lawmakers urging the Biden admin to address crypto-financed terrorism.
reuters.com/world/us/lawma…
2023-10-18T20:26:15.000Z
Elizabeth Warren reposted the post below

POLITICO
@politico
Hamas uses crypto to raise money. Elizabeth Warren has a plan for that. ow.ly/kslv104XHqH
2023-10-13T12:04:15.000Z

Elizabeth Warren
@SenWarren
Crypto is the not-so-secret financial weapon funding terrorist organizations like Hamas, Chinese fentanyl networks and North Korea’s missile program. justice.gov/opa/pr/justice…
2023-10-11T15:47:20.000Z

Elizabeth Warren
@SenWarren
There is a growing bipartisan coalition of senators pushing to crack down on crypto-financed crimes, and it’s time to act with urgency to ensure law enforcement has the resources and authority to protect innocent people.
warren.senate.gov/newsroom/press…
2023-10-11T15:47:20.000Z

Elizabeth Warren
@SenWarren
It’s alarming and should be a wakeup call for lawmakers and regulators that digital wallets connected to Hamas received millions of dollars in cryptocurrencies.

The Wall Street Journal
@WSJ
Hamas’s lightning strike on Israel last weekend has left observers questioning how the group financed the surprise operation. One possible answer: cryptocurrency. on.wsj.com/3ZP3dpA on.wsj.com/3ZP3dpA
2023-10-10T14:15:10.000Z
2023-10-11T15:47:19.000Z

Elizabeth Warren
@SenWarren
How do Chinese companies sell fentanyl ingredients?
By using "cryptocurrency transactions to conceal their identities & the location & movement of their funds", per @TheJusticeDept.
I have a bipartisan bill to crack down on crypto funding crimes.
washingtonpost.com/national-secur…
2023-10-05T15:18:33.000Z

Elizabeth Warren
@SenWarren
I rang the alarm about sanctions evasion by Russia using the crypto platform Binance—and urged @TheJusticeDept to investigate potentially false statements it made to Congress. We need stronger crypto regulations to rein in illicit finance. wsj.com/finance/binanc…
2023-08-25T21:19:50.000Z

Elizabeth Warren
@SenWarren
North Korea has stolen over $3 billion in crypto since 2018 to help fund its nuclear weapons program.
@SenTimKaine, @ChrisVanHollen & I are calling on @USTreasury & WH National Security Council to crack down on North Korea’s crypto use to evade sanctions.wsj.com/articles/crypt…
2023-08-07T13:32:26.000Z

Elizabeth Warren
@SenWarren
Two years ago, Congress directed @USTreasury and @IRSnews to write new tax rules for crypto. We're still waiting. Wealthy tax cheats and crypto brokers continue to game the system due to loopholes, and it should be easier for investors to file their taxes. wsj.com/articles/crypt…
2023-08-03T13:28:33.000Z
Sponsored a bill on Jul 27th, 2023
Bill Name
Digital Asset Anti-Money Laundering Act of 2023
Details
A bill to require the Financial Crimes Enforcement Network to issue guidance on digital assets, and for other purposes.

Elizabeth Warren
@SenWarren
I’ve been ringing the alarm about the risks that Bitcoin poses to our power grids and climate. @EPA and @ENERGY should use their authority to require cryptominers to disclose their energy use and emissions.
2023-04-17T22:24:12.000Z

Elizabeth Warren
@SenWarren
Bitcoin mines are increasing energy bills for millions of American families while enriching crypto executives — and causing as much pollution as an additional 3.5 million gas-powered cars. An alarming @nytimes report.
nytimes.com/2023/04/09/bus…
2023-04-17T22:24:12.000Z

Elizabeth Warren
@SenWarren
In 2018, Signature Bank lobbied for looser bank regulations and celebrated when they got them. Weak rules and overreliance on crypto led to the bank's collapse. They owe the public an explanation for the economically disastrous outcomes they've caused.
finance.yahoo.com/news/elizabeth…
2023-03-16T20:55:09.000Z

Elizabeth Warren
@SenWarren
.@RonWyden and I called on @PCAOB_News to hold auditors accountable for sham crypto audits and I'm glad they're taking this step to protect investors.
But let's be clear: there's more PCAOB needs to do so consumers aren't left holding the bag when shady crypto firms collapse.

PCAOB_News
@PCAOB_News
Crypto entities may engage a service provider to issue “proof of reserve” reports. A new Investor Advisory from the PCAOB’s Office of the Investor Advocate urges investors to exercise caution with these reports. pcaobus.org/resources/info… #PCAOBresources
2023-03-08T21:15:17.000Z
2023-03-10T19:15:16.000Z

Elizabeth Warren
@SenWarren
As the bank of choice for crypto, Silvergate Bank's failure is disappointing, but predictable. I warned of Silvergate's risky, if not illegal, activity—and identified severe due diligence failures. Now, customers must be made whole & regulators should step up against crypto risk.
2023-03-08T23:30:53.000Z

Elizabeth Warren
@SenWarren
More evidence that crypto is the currency of choice for illicit finance—including by Russians looking to evade sanctions. My bipartisan bill would crack down on rogue states and criminals using crypto to move dirty money. Congress needs to pass it.
politico.com/news/2023/02/2…
2023-02-28T22:23:28.000Z

Elizabeth Warren
@SenWarren
.@EPA and @ENERGY have the authority to require that cryptominers disclose their energy use and emissions. It's now time for them to use it. We need full transparency about how cryptomining is impacting our climate and electrical grid.
theverge.com/2023/2/7/23588…
2023-02-12T15:24:43.000Z
Elizabeth Warren reposted the post below

CNN
@CNN
Senator Elizabeth Warren, a longtime crypto critic, warned recent turbulence in the digital asset space will only continue unless a host of regulators strengthen protections for investors. cnn.it/3Dg3KXy
2023-01-26T03:01:05.000Z
Elizabeth Warren reposted the post below

American Economic Liberties Project
@econliberties
1:30PM: We'll kick off an event with @RealBankReform and @SenWarren to examine the rise and fall of the crypto industry -- and what it means for policymakers.
RSVP here. You won't want to miss it.
mobilize.us/economiclibert…

2023-01-25T16:30:30.000Z

Elizabeth Warren
@SenWarren
This action by @USTreasury and @TheJusticeDept is an important step in the fight against crypto money laundering. I have a bipartisan bill to give regulators the resources they need to continue going after criminal crypto operations—wherever they are. reuters.com/business/finan…
2023-01-18T23:12:22.000Z

Elizabeth Warren
@SenWarren
I’ve warned about connections between the banking industry and cryptocurrency firms risking the safety and soundness of the financial system. I’m glad regulators agree. They must use every tool available to protect our economy from crypto risks. reuters.com/business/finan…
2023-01-04T15:57:40.000Z

Elizabeth Warren
@SenWarren
Rogue nations, oligarchs and drug lords are using crypto to launder billions, evade sanctions and finance terrorism. My bipartisan bill puts common-sense rules in place to help close crypto money laundering loopholes and protect our national security.
cnn.com/2022/12/14/bus…
2022-12-14T14:27:21.000Z

Elizabeth Warren
@SenWarren
I've long urged @TheJusticeDept to hold corporate executives personally accountable when their companies break the law.
Crypto executives who break the law are just like any other crooks. If Sam Bankman-Fried committed fraud, then federal prosecutors should send him to prison.
2022-12-13T01:40:29.000Z

Elizabeth Warren
@SenWarren
FTX's collapse revealed that shady crypto firms and banks have close ties. We must make sure crypto doesn't jeopardize our banking system and potentially harm millions of Americans. @SenTinaSmith and I are seeking answers from regulators.
politico.com/news/2022/12/0…
2022-12-09T19:02:05.000Z

Elizabeth Warren
@SenWarren
If the crypto industry can succeed without stealing from investors or laundering money, that’s great—but we won’t know that until the loopholes are closed and the laws are rigorously enforced. wsj.com/articles/regul…
2022-11-23T19:15:20.000Z

Elizabeth Warren
@SenWarren
FTX’s collapse should be a wake-up call. @SECGov,
@TheJusticeDept & @USTreasury should use their expansive authority to crack down hard on crypto fraud. Congress must close loopholes & back up these financial cops on the beat with more resources.
My oped: wsj.com/articles/regul…
2022-11-22T18:59:15.000Z

Elizabeth Warren
@SenWarren
I've been ringing the alarm that the crypto industry is rife with fraud—this @CFPB report confirms it. Crypto platforms are failing to help consumers even when they lose their life savings. We need stronger rules to ensure consumers are protected.
news.bloomberglaw.com/banking-law/pi…
2022-11-12T22:03:17.000Z

Elizabeth Warren
@SenWarren
The implosion of FTX must be a wake up call for Congress and financial regulators to hold this industry and its executives accountable.
Too much of the crypto industry is smoke and mirrors. It's time for stronger rules and stronger enforcement to protect ordinary people.
2022-11-11T18:43:59.000Z

Elizabeth Warren
@SenWarren
The collapse of one of the largest crypto platforms shows how much of the industry appears to be smoke and mirrors. We need more aggressive enforcement and I'm going to keep pushing @SECGov to enforce the law to protect consumers and financial stability.
wsj.com/articles/sec-i…
2022-11-10T00:10:05.000Z

Elizabeth Warren
@SenWarren
200+ government officials have spun through the revolving door to land lucrative lobbying jobs in the crypto industry.
This risks corrupting the policymaking process and undermining the public’s trust in financial regulators.
@RepAOC and I want answers.
barrons.com/advisor/articl…
2022-10-27T01:07:14.000Z

Elizabeth Warren
@SenWarren
Consumers shouldn't have to subsidize cryptomining's profits and exorbitant energy use, which rivals that of entire nations.
I'm working with @RepAlGreen to get answers about the risks cryptomining poses to the climate, grid, and energy bills.
theverge.com/2022/10/12/234…
2022-10-12T21:29:32.000Z
Quoted from www.warren.senate.gov on Oct 12th, 2022
"Cryptomining is adding significant demand to an already unreliable grid, “pos[ing] enormous challenges to the transmission and distribution system and to prices” and contributing to the global climate crisis."

Elizabeth Warren
@SenWarren
This fine is further proof that the crypto industry allows countries like Iran to evade economic sanctions and emphasizes the need for congressional action. I've proposed a bill to bolster @USTreasury tools so crypto doesn’t undermine US national security. nytimes.com/2022/10/11/bus…
2022-10-11T21:57:29.000Z

Elizabeth Warren
@SenWarren
More than $2 TRILLION in value has been wiped out in the highly speculative crypto market—that means losses for ordinary Americans, and potential risk for the entire financial system. I’ve urged @SecYellen to strengthen oversight to protect the economy.
nytimes.com/2022/10/03/bus…
2022-10-05T17:30:28.000Z

Elizabeth Warren
@SenWarren
The Biden administration is right: cryptomining undermines our efforts to combat the climate crisis.
I've been ringing the alarm on this, and will continue pushing regulators to hold cryptominers accountable for their environmental impacts on our planet.
bloomberg.com/news/articles/…
2022-09-09T18:34:56.000Z

Elizabeth Warren
@SenWarren
Important work by @USTreasury to blacklist this crypto mixer for helping North Korean hackers and other cybercriminals launder virtual currencies.
A bold move to protect U.S. national security and ensure criminals cannot evade law enforcement. theverge.com/2022/8/8/23296…
2022-08-09T19:48:28.000Z

Elizabeth Warren
@SenWarren
My investigation shows that cryptominers use an exorbitant amount of energy with little to no public disclosure.
Regulators should require more transparency so all Americans can understand crypto's impact on our local communities and planet.
nytimes.com/2022/07/15/cli…
2022-07-15T19:19:27.000Z

Elizabeth Warren
@SenWarren
Ordinary investors thought stablecoins were safe, but it turns out they aren’t so stable after all. The TerraUSD crash is a stark reminder that we need rules of the road to protect Americans from losing their life savings in volatile and risky crypto.
wsj.com/articles/terra…
2022-05-27T22:23:48.000Z

Elizabeth Warren
@SenWarren
Investing in cryptocurrencies is a risky and highly speculative gamble, and @Fidelity's plans to allow Bitcoin investments in Americans' retirement savings plans are a big mistake.
@SenTinaSmith and I want answers.
wsj.com/articles/sen-e…
2022-05-09T22:28:15.000Z

Elizabeth Warren
@SenWarren
Cryptocurrency scams are on the rise, leaving consumers with their money gone and no way to get it back.
Regulators and Congress need to step up to put guardrails around the crypto market and protect consumers before it's too late.
washingtonpost.com/technology/202…
2022-04-10T14:07:51.000Z

Elizabeth Warren
@SenWarren
Smart move by @USTreasury to sanction this major Russian crypto exchange and go after criminals trying to evade sanctions.
I've been ringing the alarm on this, and Congress needs to pass my bill so Treasury has more tools to get the job done.
reuters.com/world/europe/u…
2022-04-07T20:40:44.000Z

Elizabeth Warren
@SenWarren
I have a plan (and a bill!) to strengthen our sanctions.
We cannot allow the use of crypto to undermine sanctions against Putin's war in Ukraine.
markets.businessinsider.com/news/currencie…
2022-03-29T20:11:40.000Z

Elizabeth Warren
@SenWarren
We can't allow Putin & his cronies to hide their wealth & evade economic sanctions using cryptocurrency. My new bill w/@SenJackReed, @MarkWarner, @SenatorTester & colleagues would close this potential avenue for evasion & ensure Russia is held accountable.
bostonglobe.com/2022/03/17/nat…
2022-03-17T16:57:45.000Z

Elizabeth Warren
@SenWarren
Check out my conversation with @danpfeiffer on @PodSaveAmerica.
We spoke about Putin's war in Ukraine, sanctions and crypto, lowering costs for Americans, and why @POTUS should #CancelStudentDebt.
crooked.com/podcast/putins…
2022-03-12T15:34:01.000Z
Elizabeth Warren reposted the post below

Dan Pfeiffer
@danpfeiffer
New @PodSaveAmerica with @SenWarren talking about Ukraine, student debt relief, crypto, and how to crack down on Russian Oligarchs
crooked.com/podcast/putins…
2022-03-11T13:49:08.000Z

Elizabeth Warren
@SenWarren
I've been ringing the alarm bell on crypto, from consumer protection to the environment to national security—especially since Russian elites can use digital assets to undermine sanctions.
@POTUS is right to spotlight crypto’s risks and we need strong rules before it’s too late.
2022-03-09T17:18:26.000Z

Elizabeth Warren
@SenWarren
I'll be speaking soon with @Mitchellreports on @MSNBC about my new bill to ensure crypto isn't used by Putin and his cronies to undermine our economic sanctions. Hope you'll tune in!
nbcnews.com/politics/congr…
2022-03-08T17:05:48.000Z
Elizabeth Warren reposted the post below

NBC News
@NBCNews
Sen. Warren is crafting legislation she hopes will make it harder for Russia to use cryptocurrency to evade sanctions. nbcnews.to/3tDj0bw
2022-03-08T10:45:06.000Z

Elizabeth Warren
@SenWarren
Criminals can use cryptocurrency to move money in the shadows, opening a door for Putin & his cronies to evade economic sanctions. I want answers from @USTreasury on how they'll ensure crypto doesn’t undermine our response to Russia's invasion of Ukraine.
nytimes.com/2022/03/02/bus…
2022-03-03T13:45:33.000Z
Elizabeth Warren reposted the post below

Senator Jack Reed
@SenJackReed
We can’t let Putin & his cronies use crypto to evade sanctions. Joined @SenWarren @MarkWarner @SenSherrodBrown in urging U.S. Treasury to monitor & enforce sanctions compliance by the cryptocurrency industry.
nytimes.com/2022/03/02/bus…
2022-03-02T17:24:28.000Z

Elizabeth Warren
@SenWarren
Cryptocurrencies risk undermining sanctions against Russia, allowing Putin and his cronies to evade economic pain.
U.S. financial regulators need to take this threat seriously and increase their scrutiny of digital assets. nytimes.com/2022/02/23/bus…
2022-02-28T19:15:59.000Z
Elizabeth Warren reposted the post below

Sheldon Whitehouse
@SenWhitehouse
We have to think hard about how new technology affects our climate. Cryptocurrency mining demands a huge amount of energy, so I’ve joined @SenWarren to ask the biggest crypto companies about their energy use. Those emissions have big consequences.
bloomberg.com/news/articles/…
2022-01-30T21:36:53.000Z

Elizabeth Warren
@SenWarren
Bitcoin mining's energy use has more than tripled since 2019, consuming as much energy as entire countries. It's even driving up electricity costs and harming local environments.
I want six cryptomining companies to provide answers on their impact.
bloomberg.com/news/articles/…
2022-01-28T22:03:03.000Z

Elizabeth Warren
@SenWarren
The crypto industry claims that crypto is the path to financial inclusion, but bitcoin ownership is even more concentrated within the top 1% than dollars. We need real solutions to make the financial system work for everyone, not just the wealthy.
wsj.com/articles/bitco…
2021-12-28T19:00:00.000Z

Elizabeth Warren
@SenWarren
Stablecoins pose risks to consumers & to our economy. They’re propping up one of the shadiest parts of the crypto world, DeFi, where consumers are least protected from getting scammed. Our regulators need to get serious about clamping down before it is too late.

2021-12-14T19:50:55.000Z

Elizabeth Warren
@SenWarren
Weak rules and loopholes allow criminals to launder money through shady real estate deals, digital assets, private equity and hedge funds. I'm glad @POTUS plans to crack down on corruption and illicit finance, and hold bad actors accountable.
cnn.com/2021/12/06/pol…
2021-12-07T02:06:42.000Z

Elizabeth Warren
@SenWarren
Cryptomining has huge environmental costs & is raising energy prices for consumers. Bitcoin alone consumes as much energy as Washington state. I'm calling on Bitcoin company @Greenidge_GREE to provide information on its operations & environmental impact.
bloomberg.com/news/articles/…
2021-12-03T14:00:00.000Z
Elizabeth Warren reposted the post below

Sierra Club
@SierraClub
2021-10-07T17:06:46.000Z

Elizabeth Warren
@SenWarren
In the face of high and unpredictable crypto fees, small investors could easily get jammed & wiped out. I told SEC Chair @GaryGensler that regulators need to step up to address crypto's regulatory gaps and ensure we're building the inclusive financial system that we need.

2021-09-14T20:06:36.000Z

Elizabeth Warren
@SenWarren
Bitcoin mining consumes roughly the same amount of electricity as Washington state—putting pressure on our power grids and worsening the #ClimateCrisis. We need to protect our planet and crack down on environmentally wasteful crypto mining practices.
nytimes.com/interactive/20…
2021-09-07T21:01:03.000Z

Elizabeth Warren
@SenWarren
In his response to my letter, @GaryGensler says cryptocurrency platforms lack adequate protections for investors. @SECGov needs to take action wherever it can, and I’m going to make sure that Congress steps up, too.
cnbc.com/2021/08/11/sec…
2021-08-11T17:16:14.000Z

Elizabeth Warren
@SenWarren
Cryptocurrency is the wild west of our financial system and desperately needs rules of the road to protect investors and our economy. I’m glad SEC Chair @GaryGensler agrees, and I’m going to keep pushing our regulators to act. bloomberg.com/news/articles/…
2021-08-03T18:08:02.000Z

Elizabeth Warren
@SenWarren
As the demand for cryptocurrencies grow, I’m urging @SecYellen and the Financial Stability Oversight Council to address crypto’s risks and regulate the market to ensure the safety of consumers and stability of our financial system. cnbc.com/2021/07/27/eli…
2021-07-28T14:46:33.000Z

Elizabeth Warren
@SenWarren
Cryptocurrency exchanges don’t have the same commonsense regulations as traditional securities exchanges to protect consumers from scams or manipulation. I’m asking the SEC to explain how it can close the regulatory gaps & ensure a safe crypto marketplace. reuters.com/article/usa-co…
2021-07-08T14:18:22.000Z
Elizabeth Warren reposted the post below

Bloomberg TV
@BloombergTV
TUNE IN: We're talking cybersecurity, GameStop earnings and chatting crypto with Sen. Elizabeth Warren on BTech today.
Watch live now
https://t.co/RdDuH2enNy

2021-06-09T21:02:54.000Z

Elizabeth Warren
@SenWarren
Bitcoin requires so much computing activity that it eats up more energy than entire countries. One of the easiest and least disruptive things we can do to fight the #ClimateCrisis is to crack down on environmentally wasteful cryptocurrencies.

2021-06-09T20:31:17.000Z

Elizabeth Warren
@SenWarren
Digital currencies offer a lot of potential advantages over cash – but they need to be secure, stable, and accepted everywhere. A digital currency issued and backed by the Federal Reserve could provide the advantages of cryptocurrency without these risks.

2021-06-09T19:26:17.000Z

Elizabeth Warren
@SenWarren
Cryptocurrencies’ promises to solve the problems in our banking system haven’t come to pass, but Congress and federal regulators can’t hide out and hope crypto will go away. It won’t. It’s time to confront these issues head on.

2021-06-09T18:47:23.000Z