In brief
- Senator Elizabeth Warren is speaking out about the potential security risks associated with decentralized exchanges, naming PancakeSwap in a letter this week.
- The Massachusetts senator wrote to Treasury Secretary Scott Bessent and Attorney General Pamela Bondi, expressing concerns.
- Warren demanded answers by January 12 about the potential risks and any ongoing actions from the agency.
Senator Elizabeth Warren is raising an alarm on the potential national security risks of decentralized exchanges (DEXs), singling out PancakeSwap given its reported connection to the trading of Trump-linked stablecoin USD1 and funds stolen by North Korean hackers.
In a letter this week addressed to Treasury Secretary Scott Bessent and Attorney…
Dec 16 2025
