United States / Massachusetts / U.S. Senate (MA)

U.S. Senate (MA)

John Deaton statements on crypto

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John Deaton

@JohnEDeaton1

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Normally, a Candidate for U.S. Senate would probably not comment on the @SECGov’s decision to appeal a District Court ruling. However, I’m not your typical Candidate and I spent hundreds of pro bono hours and over $75K of my own money, fighting gross overreach and misconduct at… x.com/i/web/status/1… x.com/eleanorterrett…
Very pro-crypto
Quoted from www.fxstreet.com on Sep 22nd, 2024

John Deaton said in a YouTube video that he believes there was intentional misconduct by SEC lawyers. Deaton says people should be fired because of the blatant misconduct in the Ripple vs. SEC lawsuit.

Very pro-crypto
Quoted from www.wbur.org on Sep 6th, 2024

He claimed crypto is not widely used for "illicit" activity because transactions are discoverable on the blockchain, which is public but uses alphanumeric keys instead of a person's identity. "What I'm saying is Hamas actually issued a directive not to use crypto because it was too traceable," he said. "The NSA, the FBI, the CIA, have all come out and said they hope that criminals use Bitcoin. It's an open, distributed ledger. You can trace every single transaction."

Very pro-crypto

Elizabeth Warren statements on crypto

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Elizabeth Warren

@SenWarren

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Cyber criminals are exploiting cryptocurrency to scam Americans out of billions every year. In 2023, the FBI reported $12.5 billion in losses from online scams—fueled by phony crypto schemes. We need more rules to protect consumers from crypto risks. ca.news.yahoo.com/record-12-5-bi…
Very anti-crypto
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Elizabeth Warren

@SenWarren

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Sam Bankman-Fried stole customer money and threw it at lawmakers to try to advance his crimes. It’s time white collar criminals are held to account, but lawmakers are still pushing his schemes. We need tough rules to crack down on crypto crime.
Very anti-crypto
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