Gemini Founder Reiterates Support for Deaton, Criticizes Elizabeth Warren for Lying About Her Anti-Crypto Stance

Tyler Winklevoss, the co-founder of Gemini crypto exchange, urges Massachusetts voters to support pro-XRP lawyer John Deaton to end Senator Elizabeth Warren’s unlawful war against the industry. 

The Gemini co-founder made this known while reacting to an official statement from Senator Warren’s Senate campaign. In the emailed statement, Warren accused Tyler and his brother, Cameron, of sponsoring a six-figure ads campaign. 

According to Warren, the Gemini founders have been using the ads to spread misinformation about her and to boost her Republican opponent in the upcoming Massachusetts Senate election. 

Furthermore, she suggested that the Winklevoss brothers and other crypto advocacy groups are furious with her for advocating for fair crypto regulations to protect working people in the United States. 

Gemini Co-founder Reacts 

Reacting to this claim, Tyler criticized Warren, accusing her of being dishonest about her anti-crypto stance. He also slammed Senator Warren for claiming to advocate for fair crypto regulation despite waging an unlawful war against the industry, which includes 50 million American crypto users. 

Notably, he urged Massachusetts voters to support Deaton, who is expected to counteract Warren’s anti-crypto stance. 

Elizabeth Warren’s latest campaign email couldn’t be more dishonest. She claims the crypto industry’s upset because she “called for fair regulations,” when she’s been waging an unlawful war against it and the 50m Americans who own crypto. Vote for @JohnEDeaton1 to end the madness pic.twitter.com/ZcRrLv7iHi

— Tyler Winklevoss (@tyler) September 10, 2024

Tyler’s statement comes days after Deaton won the Massachusetts Republican primary election for the U.S. Senate. The election concluded with Deaton recording 135,557 votes, representing 64.9% of the total tally. 

Crypto Stakeholders Back Deaton Over Warren 

It bears mentioning that the Winklevoss brothers publicly supported Deaton earlier this year. In July, Tyler and Cameron donated $1 million ($500,000 each) to Deaton’s Senate campaign to unseat Senator Warren. 

Other crypto-related entities, including Cardano founder Charles Hoskinson and Ripple, donated significantly to Deaton’s campaign. 

Due to his push for favorable regulations, Deaton has been heavily backed by crypto enthusiasts. However, the same cannot be said for Warren, who has maintained her anti-crypto stance over the past few years. 

A Threat to U.S. Prosperity 

Specifically, Tyler characterized Warren as the major threat to American prosperity and the number one public enemy in the crypto sector. He alleged that Warren recruited several anti-crypto individuals, including SEC Chair Gary Gensler, to wage a war against digital assets. 

According to him, Warren instructed the SEC to launch stringent enforcement actions against good actors in the industry. Per Tyler, Warren’s “reign of terror” extends beyond the crypto market, indicating that she prioritizes power over free markets. 

Explaining the motive behind his support for Deaton, Tyler said the pro-XRP lawyer represents the values of hard work, service, and honesty, unlike Warren, who “built her career through lying about her ancestry.”