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Sen. Elizabeth Warren (D-Mass.) urged Treasury Secretary Scott Bessent and Fed Chair Jerome Powell to confirm they won’t use taxpayer money to bail out crypto billionaires as Bitcoin (CRYPTO: BTC) trades down 50% from October highs.

Warren wrote to Bessent and Powell warning that any government intervention to stabilize Bitcoin would “disproportionately benefit crypto billionaires” and could directly enrich President Trump and his family through World Liberty Financial (CRYPTO: WLFI).

The letter highlighted recent losses as Strategy (NASDAQ:MSTR) CEO Michael Saylor’s firm has seen shares fall nearly 20% since…