Coinbase CEO Brian Armstrong and Tesla CEO Elon Musk have voiced their support for pro-crypto Senate candidate John Deaton in his race against Elizabeth Warren. Armstrong warned that Warren, a vocal crypto critic, has pushed harmful regulations and backed U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler’s efforts to curb the industry. Musk signaled agreement, amplifying the growing debate over crypto regulation in the upcoming election.
Crypto Advocates Rally Behind John Deaton in Senate Race Against Elizabeth Warren
John Deaton, a personal injury lawyer and prominent cryptocurrency advocate, is gaining growing support from the crypto community as he challenges Elizabeth Warren for her Senate seat. Deaton has been a vocal critic of Warren’s opposition to digital currencies, positioning himself as a pro-crypto alternative in the upcoming election.
On social media platform X, user Metalawman called on Massachusetts voters to rally behind Deaton, lauding his extensive efforts in the crypto sector. He shared:
Deaton has done more for crypto freedom than all other candidates combined. His opponent, Sen. Warren (founder of the Anti-Crypto Army) believes you should be debanked if you make investment choices she disapproves.
This post draws attention to the ideological divide between Deaton, a pro-crypto figure, and U.S. Senator Elizabeth Warren, who has emerged as one of the most prominent critics of the industry.
Coinbase CEO Brian Armstrong also voiced his endorsement of Deaton, cautioning crypto investors in the state about Warren’s influence. He reminded followers that “Crypto holders in MA should realize Sen. Warren is the one who got [SEC Chair] 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 fought back.” He continued:
She is anti-freedom, thinks the government should run all financial services (similar to China), and has done enormous harm to this country.
Armstrong’s remarks amplified the growing conversation around crypto regulation, a pivotal topic in this Senate race.
Tesla CEO Elon Musk added his voice to the conversation, concisely responding, “Yes,” signaling his agreement with Armstrong’s views.
Deaton, meanwhile, has accused Warren of misrepresenting him, particularly in relation to his financial ties to bitcoin, and has taken a strong stance against her policies. Although Warren is running for her third Senate term and maintains a comfortable lead in the polls, the race has attracted widespread interest due to the well-known contenders and the intensifying debate surrounding financial autonomy.
Source: Bitcoin
