Gemini co-founder Tyler Winklevoss took to social media platform X on September 10th to criticize Senator Elizabeth Warren for her anti-crypto stance as she faces off against pro-crypto attorney John Deaton in her re-election bid. Winklevoss labeled Warren’s latest campaign email as dishonest, claiming that she falsely stated that conservative, crypto-funded groups were launching multi-million-dollar ad campaigns against her. Winklevoss encouraged voters to support Deaton, describing Warren’s actions as an “unlawful war” on the crypto industry and the 50 million Americans who own digital assets.
In response to Warren’s campaign email, Winklevoss shared a screenshot of the email in which Warren alleged that he and his brother, along with other crypto investors, were upset about her call for “fair regulations” aimed at protecting working people. The Winklevoss brothers have been vocal in their political involvement, with previous donations to Republican causes. Earlier this year, they donated nearly $5 million to the crypto super PAC Fairshake, which supports pro-crypto politicians in the lead-up to the 2024 elections. Winklevoss criticized Warren for misleading statements and urged voters to vote for John Deaton to counter Warren’s anti-crypto stance.
John Deaton, Warren’s opponent in the re-election bid, has received support from prominent figures in the crypto industry, including Ripple executives Brad Garlinghouse and Chris Larsen, as well as former White House communications director Anthony Scaramucci. Deaton has long been a supporter of the blockchain sector, while Warren has advocated for stricter regulations in the crypto industry. Her Digital Asset Anti-Money Laundering Act (DAAMLA) has bipartisan support and aims to tighten oversight of digital assets. Warren has been vocal about her concerns that cryptocurrencies are being used by criminal organizations, terrorists, and rogue states to fund their operations on a large scale.
Despite Deaton’s support from key figures in the crypto industry, Warren remains a formidable opponent in Massachusetts, where she has built a strong base. With her anti-crypto stance and advocacy for stricter regulations, Warren has positioned herself as a challenging opponent for Deaton in the upcoming election. Deaton faces an uphill battle as he seeks to unseat the long-standing senator and win the support of voters in Massachusetts. Warren’s campaign email and statements have sparked criticism from Winklevoss and others in the crypto industry, highlighting the ongoing debate over the future of digital assets and regulations.
