Elizabeth Warren And Kevin O’Leary Clash On Regulating Crypto

Posted on AllSides December 16th, 2022
From The Right
Bloomberg via Getty Images

Sen. Elizabeth Warren (D-MA) and celebrity investor Kevin O’Leary clashed during a Wednesday hearing of the Senate Banking Committee discussing new federal regulations on cryptocurrency following the collapse of digital asset exchange FTX.

The company filed for bankruptcy last month after users learned that the venture’s assets were commingled with sister firm Alameda Research; both were controlled by Sam Bankman-Fried, who was arrested this week in his luxury apartment in the Bahamas and charged by American officials with various types of fraud.

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