Coinbase CEO Brian Armstrong Endorses John Deaton for Pro-Crypto Leadership in Massachusetts Senate Race, Criticizes Senator Warren's Anti-Crypto Stance
Key Highlights:
- Coinbase co-founder and CEO Brian Armstrong publicly supports John Deaton for the Massachusetts Senate race.
- Armstrong criticizes Senator Elizabeth Warren for pushing a government-controlled financial system and attacking the crypto industry.
- Warren has faced backlash from the crypto community, being accused of spearheading Operation Choke Point 2.0.
Coinbase CEO Brian Armstrong has openly endorsed XRP lawyer John Deaton in his fight against Senator Elizabeth Warren in the Massachusetts Senate race, calling on residents to vote for Deaton for a pro-crypto future. Armstrong took to X on October 21, criticizing Warren for her role in appointing Gary Gensler as SEC chair and her actions against the crypto industry.
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
Armstrong accused Warren of being "anti-freedom" and advocating for a government-controlled financial system, which he claims has attempted to stifle the crypto space. He highlighted Warren’s efforts to undermine the industry, adding, “Luckily they did not succeed as we and others fought back.”
Support for John Deaton Grows
John Deaton, a well-known crypto advocate and Massachusetts Senate candidate, continues to receive increasing support from the crypto community. Crypto lawyer MetaLawMan echoed Armstrong’s sentiments, encouraging Massachusetts residents to vote for Deaton, emphasizing his contributions to crypto freedom.
Senator Warren Faces Mounting Criticism
Senator Elizabeth Warren has faced significant backlash for her hardline stance on crypto. Many industry veterans, including Armstrong, accuse her of attacking crypto-friendly financial institutions like Silvergate and Custodia Banks. Warren is also believed to be the architect behind Operation Choke Point 2.0, aimed at restricting access to banking for crypto businesses.
In response to the criticism, Warren has defended her stance, arguing that crypto-funded groups resist “fair regulations” that protect working people. However, her policies have prompted key industry figures, including the Winklevoss twins, to donate heavily to campaigns opposing her re-election.
Meanwhile, Democratic candidate Kamala Harris has signaled a more favorable stance toward crypto, even suggesting plans to replace Gensler with pro-crypto officials.
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