Massachusetts Senator Elizabeth Warren and attorney John Deaton engaged in their final debate before the November election to discuss policy. Senator Warren criticized Deaton for his connections to the cryptocurrency industry, aiming to sway voters with her stance.
During a debate streamed by New England Public Media and GBH News on October 17, Senator Warren reiterated her previous claims linking cryptocurrency transactions to “drug cartels” and “terrorists,” advocating for regulations within the industry. Both candidates exchanged accusations of corruption, with Senator Warren accusing Deaton of being overly loyal to crypto supporters.
Senator Warren accused Deaton of having 80% of his wealth tied to crypto, receiving 90% of campaign funding from the industry, and pledging 100% loyalty to crypto in Washington, labeling it as corruption. Deaton fired back at Senator Warren, questioning her relationship with Gary Gensler and insinuating that she provided preferential treatment to the chairman of the SEC.
The debate between Warren and Deaton is seen as a pivotal moment for Massachusetts voters ahead of early voting starting on October 19. In their first debate, Deaton criticized Senator Warren for focusing on building an “anti-crypto army” while neglecting other pressing issues like immigration and inflation.
Despite polls showing Senator Warren with a significant lead over Deaton in the election, Deaton has garnered support from various players in the crypto industry. Gemini co-founders Cameron and Tyler Winklevoss each donated $6,600 directly to Deaton’s campaign, aligning themselves with his pro-crypto stance. Senator Warren has been a vocal critic of cryptocurrencies, often associating them with illegal activities like terrorism financing and drug trafficking.
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