United States / Massachusetts / MA Congressional District 8

MA Congressional District 8

Stephen Lynch (D)

38 statements

Strongly against crypto

Stephen Lynch statements on crypto

Stephen Lynch

@RepStephenLynch

Since taking office, President Trump has launched a 'Golden Age of Fraud.’ While he and his family rake in at least $1.2 billion from their crypto company, World Liberty Financial, President Trump has systematically dismantled the Consumer Financial Protection Bureau, pic.x.com/2kok2at7yIes and Exchange Commission’s crypto crimes enforcement unit, and dropped nearly all their enforcement actions against bad actors, leaving American consumers vulnerable to scams and fraudulent activity, which are becoming increasingly deceptive and harmful.

@RepStephenLynch Mar 6, 2026 on X

Very anti-crypto

Stephen Lynch

@RepStephenLynch

Under the Trump Administration, S.E.C. enforcement cases against crypto companies that have violated investor protection, anti-money laundering, and other laws are down 60%. Meanwhile, President Trump is granting unconditional pardons to convicted crypto felons - including Binance CEO Changpeng Zhao, who has funded the likes of Hamas, North Korea, Al-Qaeda, and the Islamic Revolutionary Guard - and exploiting the American presidency to hawk Trump family crypto businesses such as World Liberty Financial, which has already netted a $1.4 billion payday. At yesterday’s @USHouseFSC Committee Hearing, I demanded that Trump’s @SECGov Chair Paul Atkins restore the agency to its fundamental mission as the “cop on the beat” to protect American investors against fraud, scams, and other malicious activities involving cryptocurrency, instead of allowing bad actors to go free.