US Senator Elizabeth Warren Launches “Anti-Crypto” Re-Election Campaign

Vignesh Karunanidhi
US Senator Elizabeth Warren Launches "Anti-Crypto" Re-Election Campaign
Source; Rolling Stone

US Senator Elizabeth Warren has once again proven her anti-crypto stance through one of her recent tweets. Warren has been quite vocal in sharing her dislike for the cryptocurrency industry.

During the collapse of the FTX exchange, she expressed her view that this should be a wake-up call to the Justice Department, the SEC, and also the US Treasury to crack down on cryptocurrencies. She was also of the opinion that cryptocurrencies should be either regulated or taken down.

Also read: FTX: Sam Bankman-Fried to Plead Not Guilty to $40 Million Bribery Charges: Report

To further concrete her anti-crypto standpoint, Elizabeth Warren has launched an anti-crypto re-election campaign.

Elizabeth Warren to focus heavily on bringing down crypto industry

In one of her recent tweets, she mentioned that she’s joining the fight to put the government on the side of working families and also proposed $10 a day for childcare. However, one notable thing that she mentioned is that she’s building an anti-crypto army.

Her statement comes at a time when the US has been scrutinizing the cryptocurrency industry. It all began with the closure of cryptocurrency-friendly banks, followed by the SEC tightening its regulations and suing cryptocurrency behemoths.

Analysts also claimed that the crackdown on the cryptocurrency industry is part of a bigger operation called Operation Choke Point 2.0 aimed at bringing down the cryptocurrency industry.