Article 6RMZV Coinbase Co-Founder Sides With XRP Lawyer John Deaton Against Anti-Crypto Senator Warren

Coinbase Co-Founder Sides With XRP Lawyer John Deaton Against Anti-Crypto Senator Warren

by
Rida Fatima
from Techreport on (#6RMZV)
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The senate race in Massachusetts gets more intense as crypto industry figureheads throw weight behind pro-crypto candidate John Deaton.

Brian Armstrong, Coinbase co-founder and CEO, has expressed his support for Deaton to unseat Senator Elizabeth Warren in Massachusetts.

The Coinbase boss believes the crypto space will grow more with a pro-crypto senator in the state. He criticized Warren over her anti-crypto position and role in suppressing the industry in the US.

Coinbase CEO and Tesla Founder Show Support For XRP Lawyer John Deaton

Coinbase's Brian Armstrong has indicated his support for XRP attorney John Deaton in the Massachusetts senatorial race. Brian Armstrong urged Massachusetts residents to vote for Deaton.

Agreed - Massachusetts residents should vote for @JohnEDeaton1

Crypto holders in MA should realize @SenWarren is the one who got Gary Gensler his job and encouraged him to (unlawfully) try and kill the crypto industry in America. Luckily they did not succeed as we and others... https://t.co/uLcBzIXyTV

- Brian Armstrong (@brian_armstrong) October 21, 2024

The Coinbase boss slammed the Massachusetts sitting senator, Elizabeth Warren, for her anti-crypto activities and engagements.

Armstrong mentioned that Sen. Warren contributed to appointing Gary Gensler as the US Securities and Exchange Commission (SEC) Chair. Notably, Gensler has led the commission with a tough approach to crypto regulation.

Also, the Coinbase CEO said that Sen. Warren backed Gensler unlawfully" to enforce measures that could deter or even kill the crypto industry in America.

Again, the executive pointed out that Warren has remained anti-freedom" in her political activities. Moreover, he indicated that Warren advocates for a government-controlled financial system.

Armstrong accused the senator of several inputs geared toward undermining the digital asset sector. However, he noted that the senator's agenda and actions failed as the crypto industry grew.

Armstrong highlighted that the crypto community fought against Warren's anti-crypto tactics to remain on track. He stated: Luckily, they did not succeed as we and others fought back."

Crypto Community Slams Senator Warren For Anti-Crypto Stance

The Massachusetts Republican candidate and XRP lawyer Deaton has received massive support from the crypto industry.Meanwhile, the crypto community has continued to shun Senator Warren for her anti-crypto stance. This move builds Deaton's campaign and forces as he strives to unseat Senator Elizabeth Warren.

Besides Armstrong, several other personalities have indicated their support for Deaton.

Tesla boss and billionaire Elon Musk responded positively to Armstrong's backing for Deaton. Musk replied Yes" to Armstrong's tweet, suggesting that he supports Deaton to dethrone Warren from the senatorial position.

Yes https://t.co/iy7MFZoFpS

- Elon Musk (@elonmusk) October 21, 2024

Also, prominent crypto lawyer MetaLawMan is among Deaton's supporters. In an X post, he highlighted Deaton's contributions to establishing crypto freedom and called on Massachusetts residents to vote for him.

If you live in Massachusetts you should vote for @JohnEDeaton1.

Deaton has done more for crypto freedom than all other candidates combined.

His opponent @SenWarren (founder of the Anti-Crypto Army) believes you should be debanked if you make investment choices she disapproves.

- MetaLawMan (@MetaLawMan) October 20, 2024

MetaLawMan stated: If you live in Massachusetts, you should vote for John Deaton. Deaton has done more for crypto freedom than all the other candidates combined. His opponent, Senator Warren, believes you should be debanked if you make investment choices she disapproves."

Moreover, some crypto personalities accuse Warren of fighting against crypto-friendly banks, including Custodia Bank, Silvergate Bank, and more. Also, many pointed at Warren as the major drive of Operation Choke Point 2.0, with her cohorts in the SEC and the Federal Reserve.

In September, Sen. Warren criticized crypto-funded groups and leaders, especially Gemini founders, the Winklevoss twins.

She claimed they were upset about fair regulations around the industry that protect the working people."

However, the senator received more slams as most people said she was waging war against the crypto industry.

The post Coinbase Co-Founder Sides With XRP Lawyer John Deaton Against Anti-Crypto Senator Warren appeared first on Techreport.

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