Renowned XRP advocate John Deaton has strongly rebuked Senator Elizabeth Warren and the SEC, accusing them of prioritizing political agendas over investor security. Deaton particularly targets SEC Chairman Gary Gensler, accusing him of failing to safeguard private investors, leading to significant financial losses.

Deaton's criticism follows recent Senate debates where Warren opposed SAB 121. He argues that he has taken more steps to protect investors than Gensler, despite facing legal battles and private initiatives. Deaton points to a favorable ruling by a Democratic judge, appointed by former President Obama, as evidence of his commitment to consumer protection.

Deaton has long advocated for sensible cryptocurrency regulations to shield investors from fraudulent schemes, citing individuals like Sam Bankman-Fried. He criticizes the SEC for failing to prevent high-profile bankruptcies like FTX, Terra, and Celsius, suggesting they should focus on legitimate companies such as Ripple, Coinbase, Kraken, Uniswap, Dragonchain, LBRY, and MetaMask instead.

Regarding Gensler's interactions with Sam Bankman-Fried, Deaton alleges undisclosed meetings and suggests that Bankman-Fried's substantial contributions to the current administration facilitated his access to regulators. He accuses Warren of using the SEC to advance her political agenda, which he believes harms investors financially.

Deaton also criticizes Warren's attention to stablecoins, arguing that it diverts focus from pressing local issues in Massachusetts, such as illegal immigration, deficit spending, income inequality, inflation, opioid addiction, higher taxes, and capital flight. He sees Warren's actions as indicative of political goals overshadowing genuine investor protection concerns.

In terms of XRP price movements, CoinMarketCap data indicates a current value of approximately $0.5164, with a slight decrease of 0.21% over the past day and a 0.28% decline over the past week. However, recent whale activity reported in a CNF report led to a 3.47% increase in XRP value in a single day, reaching $0.5168.