{"id":579657,"date":"2022-11-10T08:26:29","date_gmt":"2022-11-10T08:26:29","guid":{"rendered":"https:\/\/en.ethereumworldnews.com\/?p=579657"},"modified":"2022-11-10T08:26:42","modified_gmt":"2022-11-10T08:26:42","slug":"the-collapse-of-one-of-the-largest-crypto-platforms-shows-how-much-of-the-industry-appears-to-be-smoke-and-mirrors-senator-elizabeth-warren","status":"publish","type":"post","link":"https:\/\/en.ethereumworldnews.com\/the-collapse-of-one-of-the-largest-crypto-platforms-shows-how-much-of-the-industry-appears-to-be-smoke-and-mirrors-senator-elizabeth-warren\/","title":{"rendered":"The Collapse Of One Of The Largest Crypto Platforms Shows How Much Of The Industry Appears To Be “Smoke And Mirrors”: Senator Elizabeth Warren"},"content":{"rendered":"\n
Senator Elizabeth Warren has once again issued a statement calling for an aggressive regulatory stance towards the cryptocurrency industry. Warren took to Twitter to address the recent FTX debacle, further stating how she will continue to push the US Securities and Exchange Commission to establish proper laws and regulatory measures in the industry in order to protect consumers’ interest<\/p>\n\n\n\n
Following the collapse of FTX, Elizabeth Warren has called for stricter law enforcement.<\/strong><\/p>\n\n\n\n The collapse of one of the biggest cryptocurrency exchanges in the world FTX has raised several burning questions in its wake and has eroded consumers<\/a>‘ faith in the industry. Several industry professionals, including Coinbase CEO Brian Armstrong, have blamed US lawmakers for not clarifying their stance on cryptocurrencies.<\/p>\n\n\n\n On November 10, Senator Elizabeth Warren, known for her anti-crypto<\/a> stance, took to Twitter to share how the fallout of one of the biggest exchanges in the world shows that the industry appears to be “smoke and mirrors.”<\/p>\n\n\n\n “The collapse of one of the largest crypto platforms shows how much of the industry appears to be smoke and mirrors.”<\/p>\n<\/blockquote>\n\n\n\n\n