John Deaton I have officially entered the race. yesterday to vie for Sen. Elizabeth Warren's (D-MA) Congressional seat.
“I'm excited to fight for change,” Deaton said in a post to X. This new candidate is best known for his role as a cryptocurrency defense attorney in the SEC's fight against Ripple. The company won a partially favorable ruling last year, but the case is far from over.
After Deaton announced her candidacy, Warren sent an email to her supporters asking for donations to help Deaton “keep fighting in the Senate.” In her email, she said that her own stance on “crypto fraud” has made her a target of crypto lobbyists, but that she is “not afraid” of this new challenge. No,” he claimed.
https://x.com/EleanorTerrett/status/1759700615788118168?s=20
A 2023 UMass poll found that 55% of Massachusetts voters approve of the job Elizabeth Warren is doing. Democrats have held the seat since defeating Scott Brown in 2012. Although she has the support of the majority of the population, the crypto community is largely against her.
“Warren is the driving force behind the anti-cryptocurrency army.” perianne bowlingsaid the founder and CEO of the Chamber of Digital Commerce, a blockchain industry group. Decryption. “She is the lead sponsor of the Digital Asset Money Laundering Prevention Act, which is a backdoor ban on cryptocurrencies in the U.S. Removing Warren from power will definitely shift the U.S. political landscape toward cryptocurrencies. right.”
John Deaton plans to run as a Republican, but he must defeat four other candidates for the Republican nomination before officially voting with Elizabeth Warren. Massachusetts Republicans and Democrats will hold their Senate primaries on September 3rd.
https://twitter.com/DeatonforSenate/status/1759935884978225340
Is Deaton a crypto candidate in Massachusetts?
As a candidate, Deaton touts himself as a father, cancer survivor, and U.S. Marine Corps veteran. However, what the crypto community knows about Himl is his role in the SEC lawsuit against Ripple.
Back in 2020, the SEC filed a lawsuit against Ripple for selling XRP as an unregistered security. This lawsuit had significant implications for Ripple, XRP holders, and the broader cryptocurrency market.
“John intervened in that fight on behalf of 75,000 XRP token holders adversely affected by the SEC’s lawsuit against Ripple.” Cryptocurrency Criminal Defense Lawyer carlo d'angelo Said Decryption. “Thanks in part to John's efforts, the court finally ruled in June 2023 that the sale of XRP tokens on the secondary market does not constitute an offering of securities.”
As a result, the XRP Army fully supports John Deaton as a candidate for the US Senate. ”[I’m] I'm a Dutch citizen and I support Deaton.” X user said.
https://twitter.com/XRPcryptowolf/status/1760026345633894444
However, Deaton's following is not limited to die-hard XRP fans. The broader crypto community has also embraced Elizabeth Warren's announcement due to frustration with her “anti-crypto” influence.
“There is a growing movement in Congress to essentially overregulate cryptocurrencies and make them disappear. continues to push debunked stories.'' D'Angelo said, “John is a highly respected figure in the crypto movement who was not afraid to stand up for consumers and push back against government overreach.'' He is a person who has been
Decryption Elizabeth Warren and John Deaton did not immediately respond to requests for comment.
Edited by Stacey Elliott.
