profile picture of Sean Casten

Sean Casten

Democrat Congressperson from Illinois, 6

Notable statements

profile picture of Sean Casten

Sean Casten

@RepCasten

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The FIT21 Act fails to address the use of cryptocurrency by terrorists, foreign adversaries, and criminals. I introduced multiple amendments to rectify this, but House Republicans refused to bring them to the floor for a vote. pic.twitter.com/JAPjS1B0wf
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Very anti-crypto
profile picture of Sean Casten

Sean Casten

@RepCasten

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House Republicans have refused to bring to the floor my amendments to help address the use of crypto obfuscation tools that are preferred by terrorists, drug traffickers, and foreign adversaries. I urge my colleagues to oppose this harmful bill. x.com/Eleanor_Muelle…
Very anti-crypto
profile picture of Sean Casten

Sean Casten

@RepCasten

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I’m introducing a temporary prohibition on crypto mixers to help prevent future crypto-financed terrorism. Read more. ⬇️ https://t.co/imGWfoCmje
Very anti-crypto
profile picture of Sean Casten

Sean Casten

@RepCasten

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Cryptocurrency has been used to finance terrorist attacks around the world, made possible by digital asset mixers. I’m introducing legislation to temporarily prohibit crypto mixers while we study this technology & how it is used for illicit purposes. bit.ly/3y6yJ90
Very anti-crypto
profile picture of Sean Casten

Sean Casten

@RepCasten

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The reporting that @PatrickMcHenry has threatened the National Defense Authorization Act, including legislation to combat fentanyl trafficking, unless it includes legislation written by & for the crypto lobby is concerning to anyone who cares about protecting national security. pic.twitter.com/5tTkh4bAgL
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Very anti-crypto
profile picture of Sean Casten

Sean Casten

@RepCasten

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Today, I introduced an amendment to legislation under consideration by the Financial Services Committee to get to the bottom of how much money Hamas has raised in crypto and how they use mixers to stay anonymous. Every single Republican on the committee voted against it. pic.twitter.com/BVIi4Mi09C
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Very anti-crypto
profile picture of Sean Casten

Sean Casten

@RepCasten

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We can not allow crypto to be used to launder money and bypass international sanctions. I led a bipartisan letter with @SenWarren, @RogerMarshallMD and over 100 of our colleagues asking the Biden Admin how it plans to prevent future crypto-financed terrorism. pic.twitter.com/5P9ZQtDCBk
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Very anti-crypto
profile picture of Sean Casten

Sean Casten

@RepCasten

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It’s time to have a serious conversation about the ease of illicit activity in the current cryptocurrency ecosystem. My op-ed on how Congress can prevent future crypto-financed terrorism ⬇️ https://t.co/khO3mmmD8S
Very anti-crypto
profile picture of Sean Casten

Sean Casten

@RepCasten

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Following reports that Hamas raised tens of millions of dollars via crypto to fund their attack on Israel, I led a bipartisan letter with @SenWarren, @RogerMarshallMD and over 100 of our colleagues asking the Biden Admin how it plans to prevent future crypto-financed terrorism. pic.twitter.com/XkLwv8oorJ
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Very anti-crypto
profile picture of Sean Casten

Sean Casten

@RepCasten

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🚨 NEWS: Following reports that Hamas raised millions of dollars via crypto to fund their attack on Israel, @SenWarren, @RogerMarshallMD & I led over 100 of our colleagues in a bipartisan letter to the Biden Admin asking how it plans to prevent future crypto-financed terrorism. pic.twitter.com/V1xbkfGz9K
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Very anti-crypto
profile picture of Sean Casten

Sean Casten

@RepCasten

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Cryptocurrency and other digital assets pose risks to the United States' national security through money laundering, ransomware, and other illicit methods. We need to strengthen our nation’s anti-money laundering laws by addressing gaps in the Bank Secrecy Act. pic.twitter.com/y0IN213knT
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Very anti-crypto
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Sean Casten

@RepCasten

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📺 Watch my questioning during last week’s committee hearing on the potential creation of a U.S. Central Bank Digital Currency (CBDC) ⬇️ https://t.co/ZmQxEs9o9f
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Pending Analysis
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Sean Casten

@RepCasten

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If someone invested in the S&P 500 between 2017 and 2022, they would have received a 61% return, but if they invested in the median basket of cryptocurrencies, they would have lost 46% of the investment. Crypto is not the solution to closing the wealth inequality gap. pic.twitter.com/DqhiFbXDua
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Very anti-crypto
profile picture of Sean Casten

Sean Casten

@RepCasten

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Alex Kearns was tragically taken from his family after Robinhood erroneously said he owed $730,000. As the cryptocurrency industry grows, @FSCDems are calling on @SECGov to be prepared with the necessary tools to protect investors from fraud, manipulation & abuse. pic.twitter.com/yGtuoNrOzr
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Neutral on crypto
profile picture of Sean Casten

Sean Casten

@RepCasten

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HAPPENING NOW: The @USTreasury is testifying in front of @FSCDems about President Biden’s Working Group report on stablecoins. Join us as we listen to testimony & work to learn more about these digital assets. 📺 #WATCH go.usa.gov/xtv7V
Neutral on crypto
profile picture of Sean Casten

Sean Casten

@RepCasten

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ATTN: After months of working on @FSCDems first-ever Digital Assets Working Group, I'm excited for today's first public Congressional hearing on digital assets, cryptocurrency, and the future of finance. Watch here ⤵️ https://t.co/J2DSHIXV8Z
Neutral on crypto