Elizabeth Warren Sounds Alarm on Trump’s Crypto Dealings, PancakeSwap

Senator Elizabeth Warren has once again turned her attention to the crypto industry, this time linking her concerns to former President Donald Trump’s growing ties to digital assets and the rising influence of platforms like PancakeSwap. In recent remarks, Warren warned that crypto is becoming increasingly entangled with politics in ways that could expose investors to serious risks while weakening oversight.

Warren has long argued that parts of the crypto market operate in regulatory gray zones, and she believes political endorsements or associations only make the situation more dangerous. According to her, when high-profile political figures appear to embrace crypto, it can give everyday investors a false sense of safety, even as risks around fraud, market manipulation, and money laundering remain unresolved.

PancakeSwap, one of the largest decentralized exchanges, was cited as an example of how massive volumes can move through DeFi platforms with limited transparency. Warren argues that without clearer rules, such platforms could be misused, regardless of whether they are tied to political narratives or not.

Supporters of crypto push back, saying Warren’s stance ignores innovation and the benefits of decentralized finance. Still, her comments reflect a broader debate in Washington: whether crypto’s growing political and financial influence is outpacing the safeguards meant to protect users.

As the 2026 election cycle approaches, crypto’s role in politics and the scrutiny around it is only set to intensify.