Warren Accuses CFTC of Lax Crypto Oversight and Pro-Trump Bias

Senator Elizabeth Warren sent CFTC Chairman Michael Selig a letter criticizing prediction market and crypto oversight. Warren cited about $60 billion in major prediction market value and a roughly 25% staffing reduction for oversight. Warren also said enforcement actions fell from 58 in fiscal year 2024 to 11 since President Trump's inauguration.
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