John Deaton: Senator Warren assisted Sam Bankman-Fried

American lawyer John Deaton, who defends the rights of cryptocurrency companies, accused Republican Senator from Massachusetts Elizabeth Warren of aiding the former head of the bankrupt FTX crypto exchange.

John Deaton posted a tweet accusing Elizabeth Warren of covering up the fraudulent activities of Sam Bankman-Fried, the former CEO of the FTX crypto exchange.

Warren has taken an aggressive stance against cryptocurrencies, arguing that they are primarily used by terrorists and criminals. However, when SEC Chairman Gary Gensler appeared before the US Senate Banking Committee, Warren did not ask him a single question about his private meetings with Bankman-Fried or call for an investigation into it. situation, the lawyer noted.

“The reason the FTX founder made political donations was to 'buy access' to the market. This explains Bankman-Fried's numerous meetings with senior officials. And now he claims he didn’t know that stealing client funds and using them for political donations was illegal,” Deaton said.

The lawyer asks subscribers to ask: why did the US Department of Justice drop the criminal case against Bankman-Fried for violating campaign finance laws? Deaton also touched upon Bankman-Fried's parents, who, according to the lawyer, received $10 million belonging to FTX clients. However, the parents have not yet been charged.

“Is it because they have friends in Washington, like Senator Warren? His mother, Barbara Fried, chairs a Democratic super PAC called Mind the Gap. When Senator Warren ran for president, Bankman-Fried's father, Joe Bankman, helped write her tax plan. Joe Bankman is an expert in creating shell companies to evade taxes. Look at the fictitious corporations he helped his son create,” says John Deaton.

Last year, John Deaton received an award as an advocate for cryptocurrency companies, and the lawyer later decided to run for the post of Massachusetts state senator. Cardano founder Charles Hoskinson supported Deaton by donating $3,300 to his political campaign.

Source: Cryptocurrency

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