US senator: There’s ‘no reason why’ crypto should exist Post author:MiamiCrypto Post published:December 12, 2022 Post category:Elizabeth Warren / ftx / Jon Tester / Sam Bankman-Fried / senate banking committee / U.S. Senate Jon Tester is one of many Democratic senators slamming crypto of late, arguing that the sector is backed by nothing and provides nothing, so there’s “no reason” why it should exist. You Might Also Like FTX’s former top lawyer cooperated with the US in Sam Bankman-Fried case January 5, 2023 SBF to Appeal Conviction, Claims Trial Tainted by Judge Kaplan’s Bias November 5, 2025 Crypto Biz: Celsius, FTX feel investors’ wrath as lawsuits multiply February 17, 2023