Does John Deaton Support Crypto?

Deaton has also delved into cryptocurrencies.

He said he was drawn to the technology by remembering how his mother relied on what he described as “predatory inner-city check cashing operations” and was intrigued by cryptocurrency’s ability to help the underprivileged and unbanked.

John Deaton, a well-known crypto lawyer, said that regulatory actions against the crypto industry point to a significant government overreach and intrusion into the private sector.