Michael Novogratz, the founder of Galaxy Digital, expressed his opinion on Senator Elizabeth Warren’s stance against the cryptocurrency space on X.

The post comes in response to Warren’s announcement of additional support from her colleagues for the Digital Asset Anti-Money Laundering Act, a bipartisan bill aiming to address concerns about the use of cryptocurrencies in illegal activities, including money laundering and drug trafficking.

Novogratz Calls Warren A ‘Disingenuous Know-It-All’

Novogratz expressed his view that Senator Warren had shifted from someone with positive intentions to a “disingenuous know-it-all” primarily seeking attention.

He emphasized the need to replace populist figures with leaders who are committed to achieving tangible results, pointing out that the senator in question has not passed any bills.

It is sad that @ewarren who started her career with good intentions has morphed into a disingenuous know-it-all who uses any chance she gets to make a headline. We must throw out the populists and replace them with a group of leaders who want to get things done. Not a senator…

— Mike Novogratz (@novogratz) December 19, 2023

Although not explicitly directed at Warren, Novogratz’s tweet was prompted by her recent letter to Blockchain Association CEO Kristin Smith. In it, sent on Tuesday, Senator Warren took issue with a previous one from the Association, which, in collaboration with former national security officials, raised questions about their involvement in certain matters.

Senator Warren conveyed her concern, mentioning a troubling new report that the association and other crypto interests are utilizing a small army of former defense, national security, and law enforcement officials to influence bipartisan efforts in Congress and the Biden Administration regarding the role of cryptocurrency in financing terrorist organizations