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Home » Coinbase Co-Founder Backs John Deaton Against Sen. Warren

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Coinbase Co-Founder Backs John Deaton Against Sen. Warren

Martha Ezeani
Last updated: 8 months ago
By Martha Ezeani
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John Deaton is gaining support in his campaign for the Republican nomination in Massachusetts, challenging Senator Elizabeth Warren.

Contents
Coinbase Co-Founder Supports John DeatonSenator Warren Faces Huge Backlash
Coinbase Co-Founder Backs XRP Lawyer Against Sen. Warren
Coinbase Co-Founder Backs John Deaton Against Sen. Warren

John Deaton, a lawyer who specializes in XRP and is running for the Republican nomination in Massachusetts, is continuing to garner support in his tenacious battle against Senator Elizabeth Warren, who is a formidable opponent.

As of late, Brian Armstrong, the co-founder and CEO of Coinbase, has been the most recent person to express his support for Deaton while also criticizing Senator Warren publicly.

Coinbase Co-Founder Supports John Deaton

On October 21, Brian Armstrong, one of the co-founders of Coinbase made the following statement on the X platform: “Massachusetts residents should vote for John Deaton for president.”

He also criticized Senator Elizabeth Warren harshly while noting her role in the appointment of Gary Gensler to the position of chair of the United States Securities and Exchange Commission.

Armstrong asserts that it was Warren who encouraged Gensler to engage in activities aimed at undermining the cryptocurrency business in the United States.

Additionally, he accused Senator Warren of being “anti-freedom” and implied that she supported a government-controlled banking system. A co-founder of Coinbase has leveled criticism at Senator Warren and her policies, which have caused enormous harm to the nation.

He asserted that Senator Warren’s efforts to combat cryptocurrency have been unsuccessful, despite the fact that the business has continued to thrive following her measures.

Fortunately, they were unsuccessful because we and others fought back,” tweeted the co-founder of Coinbase. Over the past several days, XRP lawyer John Deaton has been receiving support from other individuals who are also fans of the cryptocurrency business. The well-known crypto lawyer MetaLawMan just wrote:

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

Senator Warren Faces Huge Backlash

The cryptocurrency sector has responded strongly to Senator Elizabeth Warren’s heavy-handed approach to the cryptocurrency industry, which has resulted in a significant backlash.

The majority of the veterans of the cryptocurrency business, with the exception of the co-founder of Coinbase, have accused her of assaulting crypto-friendly banking institutions such as Silvergate Bank, Custodia Bank and others.

Many people also believe that she, together with her colleagues in the Federal Reserve and the Securities and Exchange Commission, is the primary architect of Operation Choke Point 2.0.

In addition, prominent figures in the cryptocurrency sector, such as the Winklevoss twins, contributed more than one million dollars to political campaigns in an effort to remove Senator Warren from her position.

Senator Warren expressed her disapproval of crypto-funded organizations by asserting that they do not desire “fair regulations” for the cryptocurrency business. A month ago, Senator Warren made this declaration. “I have pushed for the implementation of fair rules across the industry to protect the labor force,” she declared. 

Nevertheless, Kamala Harris, the Democratic nominee, has recently taken a position that is favorable to cryptocurrencies and she intends to replace Gary Gensler with others who are favorable to cryptocurrencies.   

TAGGED:Brain ArmstrongCoinbaseJohn Deatonripplexrp
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