Bipartisan Lawmakers Demand Answers from Biden on Crypto's Role in Funding Hamas Attacks
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Bipartisan group of over 100 lawmakers demands answers from Biden admin on crypto's role in financing Hamas attacks on Israel.
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Letter led by Sens. Warren, Marshall and Rep. Casten follows report Hamas received $41M in crypto donations in past 2 years.
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Lawmakers urge admin to take action to address crypto illicit finance risks before it's used to fund more attacks.
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Warren and Marshall have pushed bipartisan legislation to crack down on illicit crypto activity like money laundering.
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Biden admin announced new sanctions on Hamas members and a Gaza-based crypto exchange on Wednesday.