Paul Graham, co-founder of Y Combinator, says Warren’s anti-crypto crusade was a ‘pure own-goal’ for Democrats.

Y Combinator co-founder Paul Graham posted on X that Senator Elizabeth Warren’s sustained campaign against crypto was a “pure own-goal,” characterising it as a political miscalculation that cost Democrats credibility without slowing the industry’s development. Warren chose not to seek reelection in 2026 as the regulatory environment she had fought shifted sharply in crypto’s favour.

“Warren’s anti-crypto crusade was a pure own-goal,” Graham posted, adding that the campaign had alienated voters and donors in a sector that moved toward mainstream institutional acceptance regardless.