The Washington Post Reports on Congressman Raja Demanding Answers from Regulators About Rampant Crypto Fraud

This week, the Washington Post reported on Congressman Raja’s work as chair of  the House Committee on Oversight and Reform’s subcommittee on economic and consumer policy, Congressman Raja penned a letter asking top regulators and crypto platforms what has been done in order to curb fraud.

Congressman Krishnamoorthi wrote“Without clear definitions and guidance, agencies will continue their infighting and will be unable effectively to implement consumer and investor protections related to cryptocurrencies and the exchanges on which they are traded…”