Key Takeaways:
- Tyler Winklevoss criticized Senator Elizabeth Warren for her regulatory influence, calling it a “Faustian bargain” with President Biden.
- Winklevoss announced a $500,000 donation to attorney John Deaton’s Senate campaign, praising his defense of the crypto sector.
- Ripple Labs supported Deaton with a $1 million donation, highlighting his role in the legal battle with the SEC.
Tyler Winklevoss, a tech entrepreneur and co-founder of Gemini and Winklevoss Capital, criticized Senator Elizabeth Warren for her regulatory influence over the Biden administration, calling it a “Faustian bargain.”
He alleged that President Biden gave Warren significant power over regulatory nominees in exchange for her 2020 campaign endorsement, which Winklevoss claims she used to stifle the crypto industry.
I just donated $500k in bitcoin (8 BTC) to @DeatonforSenate to help him unseat @SenWarren as a U.S. Senator. Here’s why:
— Tyler Winklevoss (@tyler) July 18, 2024
Elizabeth Warren is one of the single greatest threats to American prosperity. When it comes to crypto, she is public enemy number one. She’s the chief… pic.twitter.com/FK2a1JenlF
Winklevoss announced a $500,000 donation to attorney John Deaton’s Senate campaign, praising his efforts in defending the crypto sector.
Additionally, Wyoming Senator Cynthia Lummis endorsed Ian Cain for Massachusetts Senator, highlighting his expertise in blockchain technology.
Ripple Labs also supported Deaton with a $1 million donation, reflecting his role in the ongoing legal battle with the SEC.
About The Author
Fleming Airunugba, a seasoned Web3 and crypto content expert, leverages his deep understanding of blockchain technology to bring the latest and most impactful news to the crypto community.
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