Elon Musk And Coinbase CEO Brian Armstrong Back Pro-Crypto John Deaton In Senate Showdown With Elizabeth Warren

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Insidebitcoin2024/10/22 15:28

By:Insidebitcoin

Tech billionaire Elon Musk and Coinbase CEO Brian Armstrong have thrown their support behind pro-crypto political newcomer John Deaton as he goes head-to-head against Elizabeth Warren for a Senate seat.

The Coinbase CEO wrote in an Oct. 21 post on X that Massachusetts residents should vote for Republican Deaton, and Musk replied with a a tweet of his own that said ”Yes.”

Coinbase CEO Says Senator Elizabeth Warren Is “Anti-Freedom”

Armstrong told his followers on X that Democrat Warren was the person responsible for the current US Securities and Exchange Commission (SEC) Chair Gary Gensler getting hired, and then encouraged him ”to (unlawfully) try and kill the crypto industry.”

Armstrong went on to say that Warren “is anti-freedom,” and thinks “the government should run all financial services.” He concluded his post by criticizing Warren for the “enormous” harm she has done to America.

Elon Musk Supports Trump To Protect Freedom Of Speech

Musk has also publicly endorsed former US president Donald Trump at a recent election rally. This comes after Trump made several bullish promises related to the digital asset space, including his claim that he will make America “the crypto capital of the world” if elected.

During his appearance at Trump’s campaign rally, Musk said that Democrats want to take away American citizens’ freedom of speech, as well as their right to bear arms and the right to vote.

After Musk announced his endorsement of Trump, the former president’s odds on Polymarket rose. Currently, bettors on the platform see a 64.1% chance that he will win the election. Meanwhile, bettors give Harris a 36.2% chance of taking the White House.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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