Senator Warren: Crypto Is The “Payment Of Choice” For Child Sexual Abuse, Urges DOJ Action

Summary

US Senators Warren and Cassidy have expressed concern to the DOJ and DHS about the use of cryptocurrency in facilitating the trafficking of child sexual abuse material (CSAM). They cite a report from Chainalysis, which identifies a growing problem of cryptocurrency-based sales of CSAM. The senators demand accountability and seek clarification on the agencies' assessment of cryptocurrency's role in facilitating CSAM, as well as steps to combat its use in these crimes. Senator Warren has previously introduced a bipartisan bill to counter illegal activities and misuse of digital currencies.