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Winklevoss: SEC Lawsuits Will Alienate an Entire Generation of Would-be Democrats, Warren and Gensler Waging War against Crypto

Cameron Winklevoss, co-founder of Gemini, warns that the regulatory clampdown on crypto in the US led by Senator Elizabeth Warren and SEC Chair Gary Gensler will alienate a whole generation of would-be Democrats. Last week, the SEC sued two of the largest crypto exchanges, Binance and Coinbase.

Winklevoss believes that the Democrats are either unaware of the impact of their actions on young voters or grossly miscalculating it. He added that millions of millennials and GenZs have put their life savings into crypto, and they won't forget the value destruction caused by Warren and Gensler.

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