2024

Biden

Security

Republican John Deaton, a crypto attorney, is challenging Democratic US Sen. Elizabeth Warren as she runs for her third term in office. In this run-up, the pro XRP lawyer raised his points over Warren’s recent letter sent to the US’s National Security Advisor over concerns about security threats posed by <a href="https://news.todayq.com/crypto-miners-score-victory-as-doe-withdraws-controversial-survey/" rel="noopener noreferrer nofollow">crypto miners</a> in Iran.&nbsp; Who is the crypto candidate of 2024? 
John Deaton was one of the amicus curiae involved in the US Securities and Exchange Commission (SEC) vs Ripple Labs lawsuit. However, he took a jibe at Elizabeth Warren’s outlook on crypto in his fresh attack.
In a post, he wrote, “The Crypto Candidate is at it again.” Deaton mentioned that it seems like every week Warren is talking about crypto. This is the reason why he is officially designating Warren to be the 2024 Crypto Candidate.
He highlighted that the Senator is been silent on the migrant crisis, the debt crisis, the housing crisis, skyrocketing inflation, and opioid addiction, to name a few. Meanwhile, she is very much vocal about the crypto market.
Deaton stated that she is working hard for Jamie Dimon and the Banks. The attorney then moved ahead to point out what Warren has been focusing on. He listed that Crypto, Pot, and helping graduates with Harvard MBAs get their loans paid off by taxpayers are the issues she is talking about.
He added that she also said members of Congress deserve a raise. However, he then asked that some of you actually think he is going to lose this race? Not going to happen. What did the Senator do? 
In a letter addressed to National Security Advisor Jake Sullivan, Defense Secretary Lloyd Austin, and Treasury Secretary Janet Yellen, the senators urged the Biden administration to look into possible connections between the Iranian government and local crypto miners.
According to Senators Warren and King, Iran has utilized funds from crypto mining to support terrorist organizations and finance attacks, including an April assault on Israel. They argue that Iran’s use of cryptocurrency to evade sanctions directly threatens national security, citing instances where the Iranian military allegedly used crypto to fund groups like Hezbollah.
The senators requested US officials to provide information on the revenue generated by crypto miners in Iran, its potential role in money laundering, and the government’s strategy to address these threats.
They cited reports indicating that Iranian authorities prefer “newly-minted” Bitcoin due to its perceived lower traceability. Estimates suggest that Iranian BTC miners could have earned up to $1 billion in revenue in 2021.

Pro XRP lawyer calls out Elizabeth Warren’s crypto priorities

Todayq News

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