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Elizabeth Warren Says Crypto Scammer Sam Bankman-Fried Endorsing Clarity Act Should ‘Set Off Alarm Bells’

Sen. Elizabeth Warren (D-Mass.) expressed concern on Wednesday over jailed fraudster Sam Bankman-Fried’s endorsement of a cryptocurrency market structure bill.

Warren Questions SBF’s Endorsement

Warren said in an X post that a person like Bankman-Fried endorsing the legislation—aka the CLARITY Act—from prison should “set off alarm bells.”

“Any crypto market structure bill must protect investors, our financial system, and American taxpayers,” the senior lawmaker added.

Bankman-Fried, currently serving a 25-year prison term for the FTX fraud, hailed the legislation as a “huge milestone” for crypto and a “huge achievement” for President Donald Trump.

“I was…

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