Carolyn Maloney actually said...

"They are pouring their life savings into virtual currencies and they stand to lose a lot of money when this bubble eventually bursts."

"I am extremely concerned about virtual currencies because a lot of average people are using it and believing that it is an investment tool."

"So I am working on a bill that would regulate virtual currencies but not the technology, that have the characteristics of an investment like we have always regulated investments with robust investor p..."

"I personally am supportive of it, would like to be a cosponsor, and thank my colleague Mr. Delaney for his hard work on it."