Deaton Accuses SEC’s Excessive Crypto Regulation Costing Retail Investors Over $15B

According to BlockBeats, on September 14, lawyer and Republican U.S. Senate candidate John Deaton said that the U.S. SEC’s excessive intervention in the cryptocurrency industry has caused retail investors to lose more than $15 billion.

Deaton’s statement comes two weeks after the pro-XRP lawyer won the U.S. Senate nomination in the Massachusetts primary and will face Democratic Senator Elizabeth Warren in November.

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