Crypto News

Senator Warren: Winklevoss Twins Don’t Want “Fair Regulation”, John Deaton Counters

XRP lawyer John Deaton slammed Senator Warren for blaming Winklevoss twins of misinformation and restricting fair crypto regulations.
Published by
Senator Warren: Winklevoss Twins Don’t Want “Fair Regulation”, John Deaton Counters

Highlights

  • Senator Warren accuse Winklevoss twins of spreading misinformation and resisting her calls for "fair regulations."
  • Gemini co-founder Tyler Winklevoss labeled Warren's campaign as "dishonest," arguing that she is waging an unlawful war against the crypto.
  • John Deaton, Warren's Republican opponent, accused Warren of pushing biased narrative against crypto industry.

Massachusetts Senator Elizabeth Warren has once again come out blaming the Winklevoss for restricting fair regulatory practices in the industry, in her recent email. Senator Warren’s Republican opponent John Deaton, an eminent XRP lawyer, has come out exposing the truth behind her statement.

Advertisement

Senator Warren on Crypto Regulations

In her recent email, Senator Elizabeth Warren stated that some of the conservative crypto-funded groups have been spending huge to advertise against her. She also accused them of spreading misinformation against her with the goal of supporting her Republican opponent John Deaton. Last week, XRP lawyer John Deaton won the Republican nominee from Massachusetts for the upcoming US elections in 2024.

Senator Warren also named Gemini exchange co-founders – Winklevoss Twins – for supporting those crypto-funded groups. The Massachusetts senator explained that the Winklevoss twins were upset since they don’t want “fair regulations” for the crypto industry. “They’re upset since I have called for fair regulations around the industry that protect the working people,” said Senator Warren.

Calling her latest campaign email “dishonest,” Gemini co-founder Tyler Winklevoss criticized Senator Warren for commenting on crypto regulations. Winklevoss accused Warren of misleadingly claiming that the crypto industry is upset because she has “called for fair regulations.”

He further stated that the Senator has been waging an unlawful war against the crypto sector and 50 million American who own crypto assets. Winklevoss urged voters to support attorney John E. Deaton to “end the madness” and push back against Warren’s regulatory approach.

Advertisement

John Deaton Comes In Support of Winklevoss Twins

Attorney John Deaton, who’s also the founder of CryptoLawUS, has accused Senator Elizabeth Warren of ignoring the truth in her approach to cryptocurrency regulation. A day before, he also slammed Senator Warren for lobbying for banks involved in money laundering.

Deaton stated that he has always vouched for “smart, tailored regulations” for the entire crypto industry. He further highlighted his efforts through the Connect to Congress platform, which enables citizens to communicate directly with their representatives.

According to Deaton, the app has facilitated over 100,000 messages, reaching every member of Congress about the digital asset space. Besides, he also criticized Senator Warren alleging that she violated her oath by being a party to fabricate the testimony from SEC Chair Gary Gensler.

The Massachusetts Senator has actively advocated against the crypto industry over the years. The Democratic party leaders have not been serious about crypto with Kamala Harris skipping crypto legislation in her recent policy decisions.

Advertisement
Share
Bhushan Akolkar

Bhushan is a seasoned crypto writer with over eight years of experience spanning more than 10,000 contributions across multiple platforms like CoinGape, CoinSpeaker, Bitcoinist, Crypto News Flash, and others. Being a Fintech enthusiast, he loves reporting across Crypto, Blockchain, DeFi, Global Macros with a keen understanding in financial markets. 

He is committed to continuous learning and stays motivated by sharing the knowledge he acquires. In his free time, Bhushan enjoys reading thriller fiction novels and occasionally explores his culinary skills. Bhushan has a bachelors degree in electronics engineering, however, his interest in finance and economics drives him to crypto and blockchain.

Published by
Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.

Recent Posts

  • Crypto News

Ripple, Circle Could Gain Fed Access as Board Seeks Feedback on ‘Skinny Master Account’

The U.S. Federal Reserve has requested public feedback on the payment accounts, also known as…

December 19, 2025
  • Crypto News

Fed’s Williams Says No Urgency to Cut Rates Further as Crypto Traders Bet Against January Cut

New York Federal Reserve President John Williams has signaled his support for holding rates steady…

December 19, 2025
  • Crypto News

Trump to Interview BlackRock’s Rick Rieder as Fed Chair Shortlist Narrows to Four

The Fed chair race is heating up with U.S. President Donald Trump set to interview…

December 19, 2025
  • Crypto News

Breaking: VanEck Discloses Fees and Staking Details for its Avalanche ETF

The leading crypto asset manager VanEck amends its Avalanche ETF with the U.S. Securities and…

December 19, 2025
  • Crypto News

Crypto Market Braces for Volatility as BTC, ETH Options Expiry Collides $7.1 Trillion ‘Triple Witching’

Crypto market traders are bracing for heightened volatility and a potential crash as Bitcoin and…

December 19, 2025
  • Crypto News

Terraform Labs Lawsuit: Jump Trading Faces $4B Case over Market Manipulation

While the crypto market has yet to fully recover from the $40 billion collapse of…

December 19, 2025