Trump’s AI And Crypto Czar Under New Investigation By Senator Warren
Venture capitalist David Sacks, appointed by President Donald Trump as the administration’s artificial intelligence (AI) and crypto czar, is facing increased scrutiny from Democratic lawmakers regarding his tenure in the White House. Although it was originally intended to be a brief assignment, concerns have emerged that Sacks may have exceeded the 130-day limit imposed on […]
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US Senator Elizabeth Warren has raised concerns about David Sacks’ role as the “White House AI & Crypto Czar” and potential conflicts of interest. In a letter, the industry critic requested immediate clarifications on various issues, including the timeline of Sack’s divestment of his digital asset holdings. Related Reading: Hong Kong Crypto Scam: Chief Executive […]
A U.S. senator has launched an investigation into the rise of ransomware attacks as well as how cryptocurrencies facilitate cybercrimes. “The investigation will also look into current oversight efforts and regulations related to virtual currencies,” the senator explained. Investigation Into Crypto’s Use in Cybercrimes U.S. Senator Gary Peters announced last week a bipartisan “investigation into [the] rise of ransomware attacks and how cryptocurrencies facilitate cybercrimes.” Peters is the chairman of the Homeland Security and Governmental Affairs Committee.....
U.S. Senator Elizabeth Warren has been a known crypto adversary. She claims Bitcoin and cryptocurrencies have a negative impact on the environment and facilitate cyber-attacks. She has taken a new step that could change this industry. In a letter to the U.S. Securities and Exchange Commission (SEC) Chairman, Gary Gensler, Warren called for “properly” regulations […]
Senator Elizabeth Warren, one of the most prominent crypto skeptics in Washington, is now focusing her scrutiny on Tether and the man leading the Department of Commerce. In a new probe framed around alleged national security concerns, Warren and Senator Ron Wyden have asked Commerce Secretary Howard Lutnick to respond to reports that Tether provided […]
At the U.S. Senate Banking Committee hearing Tuesday, Senator Elizabeth Warren called on the chairman of the Securities and Exchange Commission (SEC), Gary Gensler, to increase oversight of cryptocurrency. She brought up several problems she associates with cryptocurrency that could hurt small investors. Senator Elizabeth Warren Says ‘There’s a Whole List of Problems With Crypto’ U.S. Senator Elizabeth Warren questioned U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler about several issues regarding cryptocurrency at the Senate Banking Committee....