Senate Pushes Back on Bankman-Fried’s Clarity Act Endorsement

TLDR Sam Bankman-Fried publicly endorsed the Clarity Act while serving a 25-year prison sentence. Republican and Democratic senators rejected his support for the crypto legislation. Senator Cynthia Lummis said her bill differs from the proposal Bankman-Fried backed in 2022. Senator Elizabeth Warren said his endorsement should raise concerns about the legislation. The Senate continues to [...]

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