Stacks co-founder urges crypto community to fund Senator Warren’s opponents

Stacks co-founder Muneeb Ali wants to fund Senator Warren’s political opponents. He encouraged the crypto community to do the same.

The comments came in response to Senator Warren’s plans to build an “Anti-crypto Army” as part of her re-election campaign.

Senator Warren has been a pivotal political figure in the war against crypto. Examples include opposing Fidelity’s decision to allow Bitcoin investment in its 401(k)products and, most recently, in a bipartisan letter to Binance demanding more transparency and accountability.

The letter accused the exchange of flouting U.S. regulations, including violating AML laws and reporting requirements.

Binance posted a lengthy response disputing the claims. It welcomed the opportunity to dispel the misconceptions and stated that it works to protect users and comply with legal obligations.