
Elizabeth Warren presses federal agencies to investigate DeFi platforms, citing PancakeSwap and Trump-linked World Liberty Financial as national security concerns amid stalled congressional crypto legislation.
U.S. Senator Elizabeth Warren has heightened scrutiny over decentralized finance platforms, urging the Treasury and DOJ to investigate PancakeSwap and World Liberty Financial, a project linked to former President Trump. She expressed concerns over national security risks, referencing illicit transactions and ties to North Korean hackers. Her renewed request underscores the absence of AML and KYC controls in these platforms and coincides with stalled congressional efforts to enact crypto market regulations.