Uniswap Labs CEO Hayden Adams is cautioning Democrats about the potential consequences of their anti-crypto agenda in the upcoming US presidential election in November 2024. Adams, the creator of decentralized crypto exchange Uniswap (UNI), took to the social media platform X to express his belief that Democrats are making a political mistake when it comes to digital assets. He draws a comparison between US Senator Elizabeth Warren and the US Securities and Exchange Commission’s (SEC) attacks on crypto and Hillary Clinton’s misstep in the 2016 election. Adams believes that Democrats are underestimating the importance of crypto in the upcoming election and warns that Republicans are capitalizing on this oversight. He urges President Joe Biden and the Democratic leadership to recognize the seriousness of the situation and to reverse their approach to crypto, including public support and reining in the SEC and Warren. Adams suggests that Biden should listen to someone he trusts who can tell him that he will lose if he doesn’t change his stance on crypto. The Chamber of Digital Commerce has accused Warren of trying to destroy the entire crypto industry with her proposed Digital Asset Anti-Money Laundering Act. With Biden facing off against Republican nominee Donald Trump in the November 2024 election, the stakes are high. Trump has recently expressed his support for crypto and criticized Biden and SEC Chairman Gary Gensler for their opposition to digital assets.