Winklevoss: Warren’s Crypto Regulation Hurts 50 Million U.S. Investors

• Tyler Winklevoss has criticized Elizabeth Warren’s campaign email.
• Winklevoss called Warren’s letter as “dishonest.”
• The Winklevoss twins have invested in the campaign of Warren’s opponent, John Deaton. 

Tyler Winklevoss, the co-founder of the digital asset trading platform Gemini, used social media platform X (formerly Twitter) to criticize an email from Senator Elizabeth Warren of Massachusetts.

He labeled Warren’s campaign letter as “dishonest,” claiming it targets the 50 million Americans who own and invest in digital assets. Warren has made headlines recently for her actions against the digital asset sector.

According to Winklevoss, Warren is frustrated because of the crypto sector’s pushback against her calls for “fair regulation” of cryptocurrencies. In the campaign email, the senator pointed out that “conservative, crypto-funded groups” have spent heavily on ads opposing her, following her push for tighter regulation.

Warren also mentioned that Tyler and Cameron Winklevoss are among those who have funded campaigns against her. She defended her position, stating that her goal was to protect investors with fair regulations, a stance that has drawn backlash from the billionaire brothers. Responding to this, Tyler Winklevoss said:

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. 

John Deaton’s Run Against Warren

John Deaton, a trial attorney and U.S. Marine veteran, has become a favored candidate in the crypto sector, running against Warren . Tyler Winklevoss urged the digital asset community to support Deaton, who recently won the Massachusetts Republican primary by a large margin. 

Read also: Crypto vs. Elizabeth Warren: Ripple’s Political Gambit Explained

Deaton is set to face Warren in the upcoming November election and received $1 million in donations from the Winklevoss twins in July. Other notable figures in the crypto space, including Cardano and Ethereum co-founder Charles Hoskinson and Ripple executives Chris Larsen and Brad Garlinghouse, have also supported Deaton’s campaign.