1. United States
  2. Mass.
  3. Letter

Oppose weaker Crypto regulations

To: Sen. Markey, Rep. Auchincloss, Sen. Warren

From: A constituent in Medfield, MA

February 7

You must please fight hard for your constituents to oppose industry legislation for Crypto that weakens oversight, deregulates protections, or codifies corruption. New reporting shows that Sheikh Tahnoon bin Zayed Al Nahyan, a member of the UAE royal family and the nation’s foreign national security advisor, (secretly!) acquired nearly 50% stake in a Trump-linked crypto venture through a $500 million investment. Significant funds flowed directly to Trump-connected entities, and executives tied to the UAE now sit on the company’s board. AND-this crooked deal occurred shortly before U.S. policy decisions that benefited the investor’s government! The corruption, conflicts of interest, and national security risks are so serious in this Trump regime. Advancing any crypto legislation that weakens guardrails would only reward and encourage the self dealing behaviors that Congress should be investigating. Its a national safety issue. *Crypto bills that serve industry interests while enabling political profiteering are poison!* Please firmly reject these bills, and make clear that corruption will not be written into federal law. And, thank you for your brave, principled public service ❤️

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