Elizabeth Warren Once Called For 'Aggressive Enforcement' Against Crypto Industry: 'Appears To Be Smoke And Mirrors'

Last November, Sen. Elizabeth Warren (D-Mass.) said the fallout of cryptocurrency exchange FTX showed a dire need for stringent regulations to protect consumers.

What Happened: Warren cited a Wall Street Journal report on the Security Exchange Commission launching a fresh probe into FTX. “The collapse of one of the largest crypto platforms shows how much of the industry appears to be smoke and mirrors,” she had tweeted then.