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Elizabeth Warren Targets PancakeSwap in Crypto Policy Clash with Trump-Linked Entities

Elizabeth Warren Targets PancakeSwap in Crypto Policy Clash with Trump-Linked Entities

Author:

Global Cryptocurrency

Published:

2025-12-21 16:32:02

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BTCCSquare news:

Senator Elizabeth Warren has escalated her scrutiny of decentralized exchanges by focusing on PancakeSwap, a platform she claims facilitates illicit finance and intersects with Trump-affiliated crypto ventures. In a December 15 letter to Treasury Secretary Scott Bessent and Attorney General Pamela Bondi, Warren framed DeFi as a national security vulnerability, citing PancakeSwap's alleged role in laundering North Korean cybercrime proceeds.

The letter strategically ties PancakeSwap to World Liberty Financial (WLFI), a crypto firm linked to the Trump family, noting that over 90% of trades in WLFI's USD1 token occurred on the DEX. Warren's three pointed questions demand agencies outline regulatory gaps enabling DEXs to operate outside sanctions enforcement—a move seen as boxing in Trump-aligned officials.

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