- U.S. Democrat Senator Elizabeth Warren has announced that she is “building an anti-crypto army.”
- Warren has been at the forefront of several anti-bitcoin and crypto bills introduced over the past year.
- Warren’s anti-crypto stance has faced opposition from several crypto experts, analysts, and influencers on Twitter.
Earlier this week on Twitter, United States Democrat Senator Elizabeth Warren announced that she is “building an anti-crypto army” as part of her re-election campaign.
Warren has been at the forefront of several anti-bitcoin and crypto bills introduced over the past year. She recently posted a video outlining her proposals for the senate re-election campaign, stating, “I’m in this fight to put our government on the side of working families.”
On December 14, 2022, Warren and Senator Roger Marshall introduced the Digital Asset Anti-Money Laundering Act. According to Sen. Warren:
The bipartisan bill will help close crypto money laundering loopholes and strengthen enforcement to better safeguard U.S. national security.
However, the bill has been criticized by crypto advocates such as the Coin Center, which calls it “an opportunistic, unconstitutional assault” on the freedom and privacy of cryptocurrency.
Warren’s anti-crypto stance has faced opposition from several crypto experts, analysts, and influencers on Twitter, with some, like Whalechart, even calling to “vote her out.” The creator of Dogecoin, Shibetoshi Nakamoto, shared an AI art of Warren wearing an army combat uniform and carrying a gun.
Scott Melker, an expert in the crypto space, also shared a “leaked photo” of the “lieutenants and generals” of Warren’s anti-crypto army, describing it as “scary stuff.” Even Bankless co-founder Ryan Sean Adams voiced his concerns: “Anti-crypto is anti-American values. If democrats make this their policy they will lose.”
Recently, three major Conservative political groups criticized Republican Senator Marshall for joining forces with Warren’s anti-crypto efforts. The letter states, “We are extremely disappointed in your effort to attack digital asset companies.”