US EditionElizabeth Warren Demands Investigation Into 'Improper Political Influence' By Trump Ties To World Liberty Financial
Sen. Warren calls for a national-security probe into PancakeSwap's ties to Trump-linked tokens amid ongoing Senate crypto legislation talks, citing risks of improper political influence.
- On Monday, U.S. Senator Elizabeth Warren asked Treasury Secretary Scott Bessent and Attorney General Pam Bondi to review PancakeSwap for `any improper political influence` tied to World Liberty Financial Inc., linked to President Donald Trump.
- Amid congressional debate, regulators are weighing national-security and illicit-finance risks as Warren framed decentralized finance platforms in Senate Banking Committee talks, with regulation seen as a potential deal-breaker in Senate market-structure negotiations.
- PancakeSwap operates across multiple blockchains and serves as a major protocol on Binance's BNB Chain, where BNB topped $870, while Warren warned DeFi platforms process hundreds of millions daily without user ID.
- Warren's move comes as Senate negotiations on the Senate market-structure bill drag, risking delays if talks extend past January and clash with Congress' Jan. 30 budget deadline.
- Pressure over officials' industry ties intensifies as Warren has been sidelined while Democrats negotiating with Republicans on the bill could shape enforcement and DeFi rules.
12 Articles
12 Articles
Elizabeth Warren Demands Investigation Into 'Improper Political Influence' By Trump Ties To World Liberty Financial
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 …
Elizabeth Warren Is Drawing The Knife on Trump’s Crypto Circus
Senator Elizabeth Warren is escalating her long-running war with crypto, this time zeroing in on decentralized exchanges and singling out PancakeSwap as a potential national security risk. Warren literally once tried to stop two sandwich companies from merging. People couldn’t afford both rent and food under Bidenflation, and she was out fighting Big Sandwich. Meanwhile, in a letter sent this week to Treasury Secretary Scott Bessent and Attorney…
PancakeSwap faces Washington heat as Warren presses DOJ on DeFi risks
Elizabeth Warren presses Treasury and DOJ on national security risks from DeFi, singling out PancakeSwap and Trump-linked World Liberty Financial as Congress stalls on crypto market rules. U.S. Senator Elizabeth Warren has requested information from federal authorities regarding potential investigations…
Elizabeth Warren Raises Concerns Over PancakeSwap’s Potential National Security Risks
The post Elizabeth Warren Raises Concerns Over PancakeSwap’s Potential National Security Risks appeared on BitcoinEthereumNews.com. Senator Elizabeth Warren has urged U.S. Treasury and Justice Department leaders to address national security risks from decentralized crypto exchanges, particularly PancakeSwap’s role in laundering stolen funds and promoting Trump-linked stablecoins. This inquiry highlights vulnerabilities in unregulated DeFi platfo…
Sen. Warren Raises PancakeSwap Concerns Amid Market Structure Delay - Invest In Crypto News
US Senator Elizabeth Warren, one of the more outspoken voices against digital assets in Congress, is calling for answers from Justice Department and Treasury Department officials about a potential investigation into decentralized crypto exchanges, citing concerns over PancakeSwap and Uniswap. In a Monday letter to Treasury Secretary Scott Bessent and US Attorney General Pam Bondi, Warren asked whether their respective departments were “investig…
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