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John Deaton, a pro-crypto attorney and U.S. Senate candidate, has accused the U.S. Securities and Exchange Commission (SEC) of overreach in its regulatory actions within the cryptocurrency space. Deaton claims that the SEC's aggressive enforcement tactics have led to $15 billion in losses for small investors. He argues that the SEC's preference for vague laws contributes to the financial harm experienced by retail investors. Deaton, who is challenging Senator Elizabeth Warren, has expressed his intention to end the SEC's 'opaqueness' if elected. Deaton made these comments during an interview on 'Crypto & Politics'.
SEC’S ENFORCEMENT TACTICS COST RETAIL INVESTORS $15 BILLION: JOHN DEATON John Deaton, a lawyer and Senate candidate, has accused the SEC of overreach, claiming its regulatory actions have resulted in $15 billion in losses for small investors. Deaton’s comments come after a… https://t.co/hCBokU8T5Q
SEC “OVERREACH” COSTS SMALL INVESTORS $15 BILLION: JOHN DEATON John Deaton, a pro-crypto attorney and U.S. Senate candidate, claims the SEC’s aggressive actions in crypto regulation have caused retail investors to lose $15 billion. Deaton argues that the SEC’s… https://t.co/Jg1vCB4v1k
[𝕏] Pro-Crypto Senate Candidate John Deaton Accuses SEC of Overreach, Blames Agency for $15 Billion in Losses to Retail Investors https://t.co/V3WCoqTQFt
