{"id":506332,"date":"2024-04-15T15:41:46","date_gmt":"2024-04-15T15:41:46","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=506332"},"modified":"2024-04-15T15:41:46","modified_gmt":"2024-04-15T15:41:46","slug":"john-deaton-outraises-elizabeth-warren-with-support-from-crypto-titans-ripple-cardano-and-gemini-in-senate-seat-showdown","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/john-deaton-outraises-elizabeth-warren-with-support-from-crypto-titans-ripple-cardano-and-gemini-in-senate-seat-showdown","title":{"rendered":"John Deaton Outraises Elizabeth Warren With Support from Crypto Titans Ripple, Cardano, and Gemini in Senate Seat Showdown"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">Pro-crypto lawyer <\/span><a href=\"https:\/\/insidebitcoins.com\/news\/pro-crypto-lawyer-john-deaton-to-challenge-elizabeth-warren-in-massachusetts-senate-race\"><span style=\"font-weight: 400;\">John Deaton<\/span><\/a><span style=\"font-weight: 400;\"> has raised more funds than Senator Elizabeth Warren in the first quarter of this year in his bid to take her Senate seat as crypto industry titans back the lawyer&rsquo;s campaign.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Big names in the crypto space including Ripple executives Chris Larsen and Brad Garlinghouse, Gemini founders Cameron and Tyler Winklevoss, and SkyBridge Capital founder Anthony Scaramucci are among the lawyer&rsquo;s biggest donors.<\/span><\/p>\n<p><span style=\"font-weight: 400;\"> Cardano and Ethereum co-founder Charles Hoskinson and Kraken co-founder Jesse Powell have also stepped in to support Deaton in his quest.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Overall, Deaton has raised around $1.36 million in the first quarter, which trumps the $1.09 million Warren managed to <\/span><a href=\"https:\/\/docquery.fec.gov\/cgi-bin\/forms\/C00500843\/1770752\/\"><span style=\"font-weight: 400;\">raise<\/span><\/a><span style=\"font-weight: 400;\"> during the same period.<img decoding=\"async\" src=\"https:\/\/thehill.com\/wp-content\/uploads\/sites\/2\/2024\/02\/Untitled00086434-1.jpg?strip=1\" alt=\"Cryptocurrency advocate John Deaton launches Warren challenge | The Hill\"><\/span><\/p>\n<h2><span style=\"font-weight: 400;\">Crypto Giants Back John Deaton By Making Some Of The Biggest Contributions<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Still, Warren received more funding from donors than Deaton. Donors gave her just under $1.09 million, while Deaton received $360,700 from his backers.<\/span><\/p>\n<p><span style=\"font-weight: 400;\"> The rest of Deaton&rsquo;s funds came from $1 million he loaned to his campaign, according to <\/span><a href=\"https:\/\/docquery.fec.gov\/cgi-bin\/forms\/C00870337\/1770480\/\"><span style=\"font-weight: 400;\">preliminary filings<\/span><\/a><span style=\"font-weight: 400;\"> to the United States Federal Election Commission (FEC).<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">First, it was schoolyard bullies, then it was greedy corporations and the SEC, and now I am taking on the Washington elites. <a href=\"https:\/\/t.co\/XxW0M7kkw9\">https:\/\/t.co\/XxW0M7kkw9<\/a> <a href=\"https:\/\/t.co\/adJVbz4tyn\">pic.twitter.com\/adJVbz4tyn<\/a><\/p>\n<p>&mdash; John E Deaton (@JohnEDeaton1) <a href=\"https:\/\/twitter.com\/JohnEDeaton1\/status\/1759950501855088912?ref_src=twsrc%5Etfw\">February 20, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span style=\"font-weight: 400;\">Ripple&rsquo;s Larsen and Garlinghouse, the Winklevoss twins and Scaramucci were Deaton&rsquo;s largest individual contributors. Each made the maximum donation of $6,600, which is split into half between the primary and general election bids.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400;\"> Meanwhile, Hoskinson, Powell, Ripple&rsquo;s chief legal officer Stuart Alderoty and Casa wallet founder Jameson Lopp each contributed $3,300 towards Deaton&rsquo;s primary campaign challenge.<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">Deaton&rsquo;s Rise To Prominence<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Ripple executives&rsquo; support for Deaton follows the lawyer&rsquo;s rise to prominence when he <\/span><a href=\"https:\/\/insidebitcoins.com\/news\/heres-when-the-ripple-v-sec-lawsuit-may-end-updates-from-pro-xrp-lawyer-john-deaton\"><span style=\"font-weight: 400;\">defended<\/span><\/a><span style=\"font-weight: 400;\"> XRP holders&rsquo; interests in Ripple&rsquo;s legal battle with the Securities and Exchange Commission. In February, he announced that he will be running against Warren, who has held office for 11 years.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">While Deaton has supported the crypto market, Warren has long campaigned against crypto. She also <\/span><a href=\"https:\/\/insidebitcoins.com\/news\/elizabeth-warren-introduces-bill-to-crack-down-on-cryptos-illicit-use\"><span style=\"font-weight: 400;\">introduced bills<\/span><\/a><span style=\"font-weight: 400;\"> that supposedly &ldquo;level the playing field&rdquo; between the crypto and traditional financial markets.<\/span><\/p>\n<h3><span style=\"font-weight: 400;\">Related Articles:<\/span><\/h3>\n<ul>\n<li style=\"font-weight: 400;\"><a href=\"https:\/\/www.linkedin.com\/pulse\/upcoming-crypto-presales-unlock-early-investment-calsona-plu5e\/\"><span style=\"font-weight: 400;\">Upcoming Crypto Presales: Unlock Early Investment Opportunities!<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\"><a href=\"https:\/\/insidebitcoins.com\/news\/pepe-price-soars-after-coinbase-international-announces-plan-to-list-pepe-perpetual-futures\"><span style=\"font-weight: 400;\">Pepe Price Soars After Coinbase International Announces Plan To List PEPE Perpetual Futures<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\"><a href=\"https:\/\/insidebitcoins.com\/news\/cat-in-a-dogs-world-price-prediction-mew-goes-ballistic-with-a-108-surge-but-investors-pivot-to-this-multi-chain-doge-derivative-for-parabolic-gains\"><span style=\"font-weight: 400;\">Cat In A Dogs World Price Prediction: MEW Goes Ballistic With A 108% Surge, But Investors Pivot To This Multi-Chain DOGE Derivative For Parabolic Gains<\/span><\/a><\/li>\n<\/ul>\n                                        <div class=\"inContentProviderSingle inContentColor--insidebitcoins fc-row\">\n                        <div class=\"inContentProviderSingle--wrapper\">\n                            <div class=\"container\">\n                                <div class=\"row mb-lg-3\">\n                                    <div class=\"col-12 col-md-8\">\n                                        <p class=\"inContentProviderSingle--title\">Smog (SMOG) - 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