Senator Elizabeth Warren calls crypto a ‘new threat’
Senator Elizabeth Warren has once again voiced strong criticism against cryptocurrencies, highlighting them as a new threat to the United States. Her comments, made during a CNBC’s Squawk Box appearance on Dec. 7, resonate with the views of JPMorgan CEO Jamie Dimon, who has been a vocal advocate for shutting down the crypto sector. "There’s a new threat out there –it’s crypto and it is being used for terrorist financing and it is being used for drug trafficking. We can’t allow this to continue,” says U.S. Senator @ewarren. pic.twitter.com/mAaVOXj5SX — Squawk Box (@SquawkCNBC) December 7, 2023 Warren’s remarks centered on the alleged use of crypto currencies in financing terrorism, drug trafficking, and aiding rogue nations. “Crypto is being used for terrorist financing and drug trafficking. North Korea is using it to fund about half of its nuclear weapons program. We can’t allow this to continue.” Elizabeth Warren, United States Senato...