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Crypto Billionaires on Their Own? Senator Urges US Regulators To Reject Bailouts
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Crypto Billionaires on Their Own? Senator Urges US Regulators To Reject Bailouts
US senator Elizabeth Warren has sent a sharp note to regulators, warning against any move that could let public money shore up the crypto market. She argues such steps would hand a windfall to the richest holders in the sector and risk fueling public anger. Reports say her letter was aimed at preventing what she calls an unfair transfer of wealth from everyday taxpayers to well-connected crypto owners. Calls For Clear Boundaries Warren’s message…
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