A phony letter, claimed to be written by Senator Elizabeth Warren, proposed a 1% tax on cryptocurrency assets valued over $500,000. Unwitting crypto investors fell for the deception.
During that period, there wasn’t any discovered letter asking President Biden to back Senator Warren’s proposed legislation concerning cryptocurrencies, despite their intention to enhance the US financial structure.
Despite her reputation for being against cryptocurrencies, she views them as tools used in criminal activities such as terrorism financing. Critics, including Democrats and crypto supporters, argue that her proposed Digital Asset Anti-Money Laundering Act doesn’t go far enough to prevent money laundering.
The absence of comments from Warren and her team during this time underscores the growing apprehension and the critical importance of exercising caution in the face of the overwhelming amount of incorrect information circulating within the cryptocurrency market.
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2024-04-23 01:56