According to a prominent pro-crypto attorney and Senate candidate, the Securities and Exchange Commission’s (SEC) excessive intervention in the cryptocurrency industry has resulted in retail investors losing over $15 billion. The US securities regulator has often been criticized for its enforcement-heavy regulatory regime over the cryptocurrency industry. The SEC should be held accountable for its actions, as its “gross overreach” cost investors $15 billion, according to John Deaton, lawyer and Republican US Senate candidate. The pro-XRP lawyer wrote in a Sept. 13 X post: “The SEC’s misconduct…