Pro-XRP attorney John Deaton wins Republican US Senate primary

September 4, 2024 Coin Telegraph

Super PAC spends $70K on crypto-focused Senate race as primary looms

September 2, 2024 Coin Telegraph

Super PAC spends K on crypto-focused Senate race as primary looms

In November, Massachusetts voters will likely have to choose between incumbent Elizabeth Warren and Republican John Deaton or Ian Cain for the US Senate.

On Sept. 3, voters in Massachusetts will decide which political party candidates will advance to the November general election, a race that could have significant repercussions for the crypto industry.

In the 2024 United States Senate election for Massachusetts, three candidates across party lines have expressed staunch pro- or anti-crypto views, attracting financial support from the industry and criticism from others. According to polls conducted in May, incumbent Democratic Senator Elizabeth Warren was still highly favored above all potential Republican candidates, only one of whom will likely face off against her in November.

A lawyer who has penned many amicus briefs on behalf of crypto firms facing litigation from the US Securities and Exchange Commission, John Deaton has the support of many high-profile figures in the digital asset industry. This includes Ripple, which donated $1 million to a political action committee (PAC) supporting Deaton’s campaign, Gemini co-founders Cameron and Tyler Winklevoss, Kraken co-founder Jesse Powell and Cardano founder Charles Hoskinson.