According to The Block, Sen. Elizabeth Warren asked MrBeast and Beast Industries to disclose information about youth finance and crypto activities after Beast Industries acquired fintech company Step in February.
Sen. Elizabeth Warren requested disclosures from MrBeast and Beast Industries regarding youth finance and cryptocurrency-related activities following Beast Industries’ February acquisition of fintech firm Step, according to The Block. The request centers on Step’s prior feature that allowed minors to access crypto investment tools under parental supervision. Warren’s March 24 letter sought more information about the acquisition and the company’s involvement in financial services for underage users.