WASHINGTON, June 5 -- Sen. Elizabeth Warren, D-Massachusetts, ranking member of the Senate Banking, Housing and Urban Affairs Committee, issued the following news release:

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Warren Raises Alarm on Reports X Enabled Terrorist Fundraising Through Crypto

Warren Warns Stablecoin Loophole in GENIUS Act Could Accelerate Sanctions Evasion and Illicit Finance

"In essence, X allowed its platform to be transformed into a sanctions-evasion servic . . .

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