[2025-01-17] The latest IT, economic, blockchain and coin news
Here are the latest IT, economic, blockchain, and coin news that caught our eyes today. Follow us now for the latest curated news!
2025-01-17 | Curator: CryptoTerminal
Sen. Cynthia Lummis Accuses FDIC of Crypto Oversight Misconduct, Demands Accountability
U.S. Senator Cynthia Lummis (R-WY) has issued a scathing rebuke of the Federal Deposit Insurance Corporation (FDIC), alleging misconduct in the agency’s handling of digital asset oversight and threatening whistleblowers. On Thursday, Lummis sent a letter to FDIC Chair Marty Gruenberg after whistleblowers alleged that the agency destroyed materials related to its crypto-related operations and threatened employees to silence them. “The FDIC’s alleged actions are unacceptable and illegal,” Lummis w...