Crypto Lawyer: SEC Overreach in Crypto Industry Costs Retail Investors Over $150 Billion

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September 14, 2024
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John Deaton, a lawyer and Republican candidate for the U.S. Senate, claims the Securities and Exchange Commission's (SEC) overreach into the cryptocurrency industry has cost retail investors over $15 billion. This statement comes two weeks after Deaton, a vocal supporter of XRP, won the Republican nomination in the Massachusetts Senate primary. He will face off against Democratic Senator Elizabeth Warren in the November general election.

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