Senior members of the Senate Judiciary Committee are warning that a proposed crypto market structure bill could severely undermine the federal government’s efforts to take down money launderers and other financial criminals. In a private letter, Judiciary leaders, including Chuck Grassley and Dick Durbin let Senate Banking Chair Tim Scott and ranking member Elizabeth Warren know that a key provision looks like it might let law enforcement’s authority get watered down by basically giving some money laundering suspects special treatment without any real oversight. This letter was sent by Grassley and Durbin to Scott ... (full story)