Coin Center Responds to Scathing Letter from Senator Elizabeth Warren
Coin Center has responded to allegations made by Senator Elizabeth Warren claiming the crypto non-profit was working to “undermine bipartisan efforts in Congress” by hiring “former defense, national security, and law enforcement officials.”
Executive Director of Coin Center, Jerry Bitro, posted a letter to X rebuking Warren’s demands for the crypto organization to reveal its hiring practices, citing it has “no obligation to answer these questions beyond the public disclosures we make under the law.”
Moreover, Bitro condemns Warren for publicly chastising Coin Center in the letter sent last month, which was also sent to Coinbase and the Blockchain Association.
“Your letter, which you made public, discourages participation in important public policy debates and chills these rights,” Bitro wrote in part. “It equated our good-faith engagement with “stonewalling” and “undermining” congressional efforts; it characterized passionate and patriotic advocacy as providing a mere “veneer of respectability” to crypto; and it repeatedly and inappropriately invoked the events of October 7 alongside child abuse and crime, as if we are indifferent or complicit in these tragedies.”
Warren, who has long held an anti-crypto stance, is currently championing both the Crypto-Asset National Security Enhancement and Enforcement Act as well as the Digital Asset Money Laundering Act, which Coin Center opposes.
As Bitro writes in his response, the aforementioned bills “are not ‘common sense rules’ as you style them, but are instead unfair, unworkable, and most importantly, unconstitutional proposals.”
“Good policy-making can only happen when diverse voices and perspectives are earnestly welcomed and engaged, not baselessly accused of complicity in
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