US Senator Elizabeth Warren has written a letter to the White House, supported by over 100 legislators, expressing concern over the use of crypto in terrorism. The letter cites a Wall Street Journal article which claims Hamas and the Palestinian Islamic Jihad raised over $130 million in crypto donations between 2021 and 2023. The authors of the letter want the White House and President Biden to take action to address crypto funding and terrorism and ask Congress to provide additional resources for this fight. Treasury Under Secretary for Terrorism and Financial Intelligence Brian Nelson has responded, affirming the US government’s commitment to establish transparency in the virtual asset ecosystem. #Crypto #ElizabethWarren #Hamas #Terrorism

You can read more about this topic here: Watcher Guru: Sen. Warren, Legislators Pen Letter to Treasury on Crypto Terrorism

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