U.S. Senator Elizabeth Warren Pushes for Increased Efforts to Shut Down Crypto Scams …

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QUORUMCALL//GPT:

U.S. Senator Elizabeth Warren is advocating for a crackdown on cryptocurrency scams, which she says are causing harm to seniors. Her call comes amid a surge in digital currency frauds.

THE PROBLEM
– Sen. Warren is urging the Federal Trade Commission (FTC) to increase efforts to halt crypto scams.
– Her concern is that seniors are becoming the primary victims of these scams, resulting in significant financial losses.

ACTION TAKEN
– In a letter to the FTC Chair Lina Khan, Warren highlighted the need for a concerted effort to combat digital currency scams.
– She asked the FTC to use its full authority to protect consumers, especially seniors, from these scams.

TOPICS COVERED
#ConsumerProtection #Cryptocurrency #FinancialScams

The Sierra Sun Times, a local news outlet from Mariposa, California, provides a detailed account of Senator Warren’s actions.

Learn more — read the article in full here.

More Sen. Warren News

title words as hashtags: #U.S #Senator #Elizabeth #Warren #Pushes #Increased #Efforts #Shut #Crypto #Scams
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matched content: – At a hearing of the Senate Committee on Banking, Housing, and Urban Affairs, Senator Elizabeth Warren (D-Mass.) … Sen. Warren: This scam, I …
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