Senators Elizabeth Warren and Bill Cassidy are asking federal agencies about their technical capacity to combat crypto payments in the sale of child abuse material.
U.S. Senators Elizabeth Warren and Bill Cassidy want to ensure that federal agencies are fully equipped to track down crypto transactions linked to the sale of child abuse content. The senators cited a Chainalysis study from January 2024, which suggested an increase in the use of cryptocurrency in the illicit trade of CSAM. In the study.CSAM vendors’ usage of instant exchangers that allow for Monero conversion has increased significantly over the last few years. Source: Chainalysis.to Attorney General Merrick Garland and Secretary of Homeland Security Alejandro Mayorkas, the U.S.