U.S. Senator Elizabeth Warren (D-Mass.) on Monday escalated pressure on DeFi tied to President Donald Trump, demanding a national security probe just as Senate negotiations over a crypto market structure bill slipped into January.
Warren Seeks Probe Into Trump-Linked DeFi Activity
Warren, the ranking Democrat on the Senate Banking Committee, asked federal officials to investigate decentralized finance platforms.
She said those platforms may be amplifying tokens connected to World Liberty Financial Inc. (CRYPTO: WLFI), a business linked to Trump, according to CoinDesk.
In a letter sent Monday to Treasury Secretary Scott Bessent and Attorney General Pam Bondi, Warren raised concerns about PancakeSwap (CRYPTO: CAKE), a decentralized exchange that operates across multiple blockchains and plays a major role on Binance’s BNB Chain Full story available on Benzinga.com
TechCrunch Founder Names XRP Among His Largest Crypto Positions
...
Read moreDetails
