A new op-ed from United States Senator Elizabeth Warren revealed a negative stance toward the industry with regard to the fallout. The Senator said what happened with FTX should be a “wake-up call” to regulators to enforce laws on the industry. On Twitter, some agreed with the Senator, tweeting that the crypto industry is just “smoke and mirrors” and that Warren has been trying to warn the public all along. Centralized exchanges for crypto are a far cry from crypto the technology. Warren has been a major critic of the crypto industry over the last year.

Source: Wall Street Journal November 23, 2022 10:39 UTC