After United States Senator Elizabeth Warren recently caused a commotion in the cryptocurrency sector by unveiling a bill to tighten regulations within the expanding crypto space, a legal expert involved with this industry revealed that 20% of the US Senate already agreed to support her.
Indeed, according to the lawyer and popular commenter on the courtroom standoff between blockchain company Ripple and the US Securities and Exchange Commission (SEC), John E. Deaton, “20% of the US Senate has already agreed to support her defacto ban in the US,” he said on December 17.
Potential to cripple crypto
As it happens, Deaton was commenting on the X post by Ryan Selkis, the founder and CEO of the crypto market intelligence platform Messari, who argued that the crypto sphere should not, “under any circumstances, underestimate Senator Warren’s potential to cripple crypto in the US.” As he continued:
“We are in the fight of our careers, even if her name isn’t on the final bill that
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