Warren Demands Details from Crypto Groups on Hiring of Ex-Officials, Citing Revolving Door Concerns
• Sen. Elizabeth Warren is demanding details from major crypto groups on their hiring of former government officials to advance the industry's interests.
• Warren cited POLITICO reporting on crypto lobbying and flagged specific officials now working with Coinbase.
• Warren said the "revolving door" between government and crypto is "appalling" and shows gaps in ethics laws.
• The requests escalate Warren's push for tougher anti-money laundering rules on crypto after the October Hamas attacks.
• Crypto industry leaders criticized Warren's letters, arguing they have legitimately engaged experts to bolster legal compliance.