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Pro-crypto attorney John Deaton will battle it out with anti-crypto Democratic Senator Elizabeth Warren this November after he won the Republican nomination for the US Senate in the Massachusetts primary election.
Deaton secured more than 64% of the votes so far, with over 91% of the expected votes already in, according to Politico data.
Warren Looking To Run For A Third Term With No Democratic Competition
Warren has already won a senate seat twice. After tough competition in 2012 against Scott Brown, she went on to receive more than 60% of the vote in 2018. Warren is now looking to run for a third term, and faces no competition for the Democratic nomination.
Over the years, Warren has voiced her criticism of the crypto industry. She argues that the only use for digital assets is to facilitate terrorism and spying, as well as enable the spread of malware and drug abuse. As such, Warren has proposed multiple bills that crypto industry heavyweights say hinder growth.
John Deaton Backed By Kraken, Cardano, Ripple And SkyBridge Capital Founders And Executives
Deaton, who is a former Marine, has been an outspoken advocate for Ripple during the fintech’s longstanding legal battle with the US Securities and Exchange Commission (SEC).
He also filed an amicus brief in April on behalf of more than 4,700 Coinbase customers in support of the crypto exchange in its own case with the regulator.
Due to his role in high profile crypto-related lawsuits, Deaton has earned the backing of several industry leaders looking to influence crypto policy in the US.
Deaton’s top donors include Ripple executives Chris Larsen and Brad Garlinghouse, Gemini founders Tyler and Cameron Winklevoss, Cardano’s Charles Hoskinson, SkyBridge Capital’s Anthony Scaramucci and Kraken co-founder Jesse Powell.
— John E Deaton (@JohnEDeaton1) September 4, 2024
Following his victory, Deaton made several pledges. Despite his backing from big players in the Web3 industry, crypto was not mentioned in his victory speech.
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