Senators Warren and Cassidy Demand DOJ Action on Crypto's Role in Child Abuse Material Trade

Senators Elizabeth Warren and Bill Cassidy have issued a bipartisan call to the DOJ and DHS, seeking enhanced tools to combat the use of cryptocurrencies in child sexual abuse material transactions.

• Senators Warren and Cassidy express concerns over cryptocurrencies facilitating the trade of child sexual abuse material (CSAM).
• The bipartisan letter highlights the need for additional tools to detect and prevent these crimes effectively.
• Reports from Chainalysis and the Financial Crimes Enforcement Network indicate a significant use of Bitcoin and Monero in CSAM transactions.
• The senators have set a deadline of May 10 for the DOJ and DHS to respond with their assessment and required tools.
• Warren continues her broader campaign against the illicit use of cryptocurrencies, including past concerns over its role in the fentanyl trade.

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