Fed Boss: We See Lots of Chaos and Scams in Crypto Federal Reserve (The Fed) Chair Jerome Powell outlined some of the risks associated with crypto activities during his trial before the Senate Committee on Banking, Housing, and Urban Affairs. At that trial, Powell said he had seen everything that happened in the crypto industry, for example fraud and lack of transparency. “We are watching what is happening in the crypto space. What we're seeing is quite a bit of chaos, we're seeing fraud, we're seeing a lack of transparency, we're seeing risk running, lots and lots of things like that,” Powell said. #Post2Earn