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📌 Pro-XRP attorney Deaton accuses Senator Warren of covering up SBF fraud.

Deaton described SBFs interactions with key regulators, including SEC Chairman Gary Gensler, CFTC Chairman, the U.S. Treasury Department, and Maxine Waters, then chair of the U.S. House Financial Services Committee. The evidence shows that the reason the money was provided was to buy access, Deaton said, shedding light on SBFs numerous meetings with top regulators. Cryptocurrencies

– Deaton described SBF’s interactions with key regulators, including SEC Chairman Gary Gensler, CFTC Chairman, the U.S. Treasury Department, and Maxine Waters, then chair of the U.S. House Financial Services Committee. The evidence shows that the reason the money was provided was to “buy access,” Deaton said, shedding light on SBF’s numerous meetings with top regulators.

Deaton’s allegations go beyond SBF’s personal conduct and include broad criticism of the regulatory and policy environment surrounding cryptocurrencies. Consider why the U.S. Department of Justice dropped the criminal case against SBF for violating campaign finance laws. The American people have a right to transparency regarding their elected representatives.”

Notably, he also noted that Warren, despite her aggressive stance on cryptocurrency risks, did not investigate SBF’s relationships with key figures such as SEC Chairman Gary Gensler. “Given its proactive stance on cryptocurrencies, why hasn’t it done so?” – Deaton asked, suggesting a double standard in Warren’s approach to cryptocurrency regulation compared to her response to the SBF case.

The allegations also focus on the financial and political connections of SBF’s family, particularly his parents, who Deaton claims received $10 million from FTX clients; attorneys for the XRP backers emphasize that they own luxury real estate and that the lack of charges may be due to Senator Warren Suggesting that political connections, including Senator Warren’s, may be to blame.

Her mother, Barbara Fried, runs a Democratic super fund called Mind the Gap. When Senator Warren ran for president, SBF’s father, Joe Bankman, helped Senator Warren develop a tax plan,” Deaton noted, pointing to the intertwined ties between the SBF family and Democratic politicians.

He added: “Joe Bankman is also an expert at creating paper companies to avoid taxes. Look at the paper companies he helped his son create.”

Overall, Deaton’s campaign against Warren is not just a political standoff, but a manifestation of the ongoing debate in the US about the role of cryptocurrencies and their regulation. The public is fed up with Washington insiders following a different set of rules. We need real leadership in Washington,” Deaton concluded, emphasizing the need for transparency and fairness in both politics and cryptocurrencies.

At the time the article was published, XRP was trading at $0.5798 USD.

Jake Simmons has been passionate about bitcoin since 2016. Ever since he learned about bitcoin, he has been researching the topic every day and trying to share his knowledge with others. His goal is to contribute to the financial revolution that will see bitcoin replace the fiat currency system. In addition to BTC and cryptocurrencies, Jake studied business informatics at university. Since graduating in 2017, he has worked in the blockchain and cryptocurrency industry. You can follow Jake on Twitter at @realJakeSimmons.

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