US Senators Elizabeth Warren and Angus King warned in a letter of a potential threat to national security from cryptocurrency miners in Iran. 🚨 They called on the Biden administration to provide information about possible connections between the Iranian government and local cryptocurrency miners. According to senators, Iran used funds from cryptocurrency mining to finance terrorist organizations.

Senators asked for data on the income of cryptocurrency miners in Iran and how it could be used for money laundering. Reports suggest that Iranian BTC miners could earn up to $1 billion in revenue in 2021.

Warren continues to be one of the most vocal opponents of cryptocurrencies in the US government, linking the technology to the illegal drug trade, terrorism and harmful effects on the economy.