Pro-XRP lawyer John Deaton has won the Republican nomination for the US Senate, setting up a showdown with incumbent Democrat Elizabeth Warren.
Deaton Wins Big
Deaton, a former Marine who represented 75,000 Ripple investors in a lawsuit against the SEC, won the primary election with a whopping 64.6% of the vote. His closest competitor, Bob Antonellis, received only 26.2%.
Deaton has positioned himself as a stark contrast to Warren, especially on issues like border security, healthcare, and the economy.
Deaton’s Campaign Promises Unity
After his victory, Deaton thanked voters for their support and outlined his campaign goals:
“We begin the next phase of the campaign – an effort that will hold Elizabeth Warren accountable for her failures on the border, the unaffordable cost of supporting a family, a broken healthcare system, abandoning our ally Israel, and restoring faith in our politics. Voters are turning their back on divisive partisan politics and are ready to support a message of optimism, unity, and solving problems.”
Crypto Community Cheers
The crypto community was quick to celebrate Deaton’s win.
Caitlin Long, CEO of Custodia Bank, tweeted: “CONGRATS John Deaton! Gonna be fun to watch you take on Elizabeth Warren in the general election.”
Mark Cuban, owner of the Dallas Mavericks, also offered his congratulations: “Congrats John Deaton !!! Only 1 W to go !”
Ryan Sean Adams, host of the Bankless podcast, joked: “John Deaton vs Elizabeth Warren is officially on. Maybe we can force the leader of the anti-crypto army into early retirement.”
Warren’s Campaign Responds
Warren’s campaign manager, Janice Rottenberg, accused Deaton of being a puppet of the crypto industry.
“A small handful of crypto billionaires and corporate special interests poured more than $2 million into a super PAC to handpick their preferred Republican candidate,” Rottenberg said. “Massachusetts voters have a clear choice that could determine control of the Senate.”
Crypto Funding Fuels Deaton’s Campaign
Deaton’s campaign has received significant funding from the crypto industry, including contributions from Ripple executives Chris Larsen and Brad Garlinghouse, as well as Gemini founders Cameron and Tyler Winklevoss.
By July 31, Deaton had raised $1.7 million.
Warren’s Anti-Crypto Stance
Warren is known for her strong opposition to cryptocurrencies. She has introduced several bills aimed at regulating the industry.
Deaton’s victory could be a major win for the crypto industry, potentially ending Warren’s influence on crypto policy.
At the time of writing, XRP was trading at $0.5537. /p>
