Investing
Warren’s alleged work with short-seller shows anti-crypto army heating up
© Reuters.
What do progressive Democrats, Republican national security hawks and Wall Street traders have in common? They are all apparently enlisting in United States Senator Elizabeth Warren’s “anti-crypto army.” The progressive senator’s reported alliance with Marc Cohodes, a Wall Street short-seller who profited from the recent carnage at crypto banks, is the latest example.
Crypto natives likely see the unusual pairing as further proof that entrenched interests are conspiring to kill Web3 in the United States. They aren’t entirely wrong, but America’s polarized factions are uniting against crypto for a reason. The industry has consistently failed to address valid concerns about financial crime and national security. That needs to change, or Warren’s anti-crypto army will continue attracting recruits.
Alex O’Donnell is the founder and CEO of Umami Labs and worked as an early contributor to Umami DAO. Prior to Umami Labs, he worked for seven years as a financial journalist at Reuters, where he covered M&As and IPOs.
Continue Reading on Coin Telegraph
Read the full article here
-
Side Hustles6 days ago
San Francisco Pizzeria Found Success With Unique Menu
-
Side Hustles4 days ago
United Airlines Adding Starlink, Free WiFi to All Flights
-
Passive Income5 days ago
Correct Your Spelling Errors on PDFs With This All-in-One PDF Tool
-
Passive Income3 days ago
Reduce Your Business Expenses With This $30 Microsoft Office Alternative
-
Side Hustles5 days ago
There’s a Burnout Crisis in American Workplaces — and This Is the Solution
-
Side Hustles6 days ago
Who Are the Billionaires Backing Trump or Harris?
-
Personal Finance4 days ago
Inflation hits 2.5% in August, keeping the Fed on track to lower interest rates
-
Passive Income6 days ago
Why You Need to Align Your Values and Virtues for Success