Senator Warren launches inquiry into MrBeast’s crypto marketing to minors

Warren presses MrBeast on teen crypto promos. She seeks details on plans with Step and past token deals.

Sen. Elizabeth Warren sent a letter to Beast Industries. She asked if MrBeast plans to offer crypto and NFTs through Step, a teen-focused finance app. Source.

The letter flags Step’s alleged “script.” It told kids to “convince their parents to invest in crypto.” Source.

Lawmakers cite MrBeast’s past token promos. Reports say he earned about $23M from SuperVerse (SUPER) and Ethernity Chain (ERN). Source.

They request a full accounting. They ask whether disclosures were clear for a young audience. Source.

The inquiry also targets Step’s crypto plans. Another report highlights questions on the app’s potential crypto return for young users. Source.

The FTC requires clear ad disclosures for influencers. Source.

Headline: Warren questions MrBeast over Step’s teen marketing and alleged $23M crypto profits