CLARITY Act Freeze Tools Could Have Limited $6.3B Binance Losses, Sen. Lummis Says
Wyoming Senator Cynthia Lummis says the stalled CLARITY Act would have given crypto exchanges immediate legal cover to freeze suspicious funds, pointing directly to the $6.3 billion Binance hack as proof of what the bill’s absence cost the industry.
Headline and excerpt from CoinGape’s public feed. CoinGape holds the copyright and publishes the full story; Dextape links to it rather than reprinting it.