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Senator Warren questioned the inadequacy of anti-money laundering tools at the hearing, citing Tornado Cash as an example.
ME News Report, May 14 (UTC+8), Crypto In America journalist Eleanor Terrett posted on the X platform that Tornado Cash became the focus of the hearing that day, with lawmakers debating whether the bill provides law enforcement agencies with enough tools to combat money laundering. Senator Warren told Kennedy, “This is a Tornado issue… Do you remember Tornado, that mixer? What is Tornado used for? If you’re a terrorist, you just put the money in!” Republican lawmakers believe the Clarity Act provides tools to address this issue, while Warren said the bill is not strong enough. Other Democrats joined her in voting to include the amendment. The amendment was not passed. (Source: ODAILY)