Coinbase and a16z reps slam Warren bill as crypto industry mounts offensive against crackdown

Coinbase and a16z reps slam Warren bill as crypto industry mounts offensive against crackdown

- A new open letter to Congress warns that Elizabeth Warren’s anti-money laundering bill will kneecap law enforcement efforts to fight financial crime and threatens US jobs. - It was signed by 80 ex-military and security professionals, many of whom are now employed by crypto companies. - Signatories included reps from Coinbase and Andreessen Horowitz. - The letter comes as the industry is fighting back against the government's crypto crackdown. Crypto insiders hit back against Senator Elizabeth Warren’s proposed anti-money …