Crypto advocate John Deaton has criticized former SEC Chair Jay Clayton’s views on Bitcoin. Deaton pointed out the discrepancy in Clayton’s statements, questioning his faith in the cryptocurrency. Despite Clayton’s recent comments downplaying Bitcoin, his past involvement with One River, a company that invested heavily in Bitcoin and Ethereum, raises doubts about his genuine stance. Deaton emphasized the perceived double standard in Clayton’s public discourse versus his actions. He urged the crypto community to consider the motivations behind such statements and to dig deeper than surface-level remarks.
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