David Sacks has taken aim at Senator Elizabeth Warren over her ongoing opposition to the digital asset industry.
In a fiery critique, Sacks accused Warren of trying to kill crypto innovation in the U.S. “This is the financial system of the future,” he said. “We need to support it, not crush it.”
He claimed that much of the anti-crypto sentiment during the Biden administration was driven not by the president himself, but by Warren. “Let’s face it—it wasn’t Biden. Elizabeth Warren controlled the auto pen,” said Sacks, pointing to her powerful influence over federal policy.
Sacks Applauds Trump’s Pro-Crypto Agenda
Sacks warned that Warren’s policies threaten to push the entire crypto ecosystem offshore. “She has this pathological hatred of the crypto community,” he said. “She doesn’t want it happening in the United States. That’s the wrong direction.”
Highlighting the benefits of blockchain-based finance, Sacks argued that crypto is cheaper, faster, and more efficient than traditional systems. “We want that innovation here,” he emphasized.
He praised President Trump’s growing support for the industry: “People are thrilled that President Trump is making it possible. He understands the value of keeping crypto innovation on American soil.”
As the 2024 election approaches, the divide between crypto champions like Sacks and policy opponents like Warren is turning into a key flashpoint in the future of U.S. tech policy.
Kosta Gushterov
Reporter at Coindoo
Kosta has been a part of the team since 2021 and has solidified his position with a thirst for knowledge, incredible dedication to his work and a “detective-like” mindset. He not only covers a wide range of trending topics, he also creates reviews, PR articles and educational content. His work has also been referenced by other news outlets.
Source: https://coindoo.com/crypto-czar-david-sacks-blasts-elizabeth-warrens-crypto-crackdown/