March 27, 2024
Latest Cryptocurrency News

2024 Senate Election: John Deaton Mulls Running Against Crypto Skeptic Elizabeth Warren

In a potential political twist, John Deaton, a prominent private attorney and vocal advocate for the cryptocurrency industry, is reportedly considering a run for the United States Senate, challenging none other than Elizabeth Warren, a key crypto skeptic among lawmakers. The election is slated for November 2024.

According to a February 14 report by the Boston Globe, a Republican Party insider disclosed that Deaton is “taking a serious look” at the upcoming Senate election in the state of Massachusetts, a seat currently held by Elizabeth Warren since her initial election in 2013.

Jim Conroy, a former adviser to the 72nd governor of Massachusetts, Charles Baker, revealed that he has been in consultation with Deaton. Conroy emphasized that Deaton will make a decision regarding the Senate race “in the coming days.”

John Deaton is well-known in the U.S. crypto community, with a track record of defending the interests of mesothelioma and asbestos-related disease sufferers. Notably, in 2021, Deaton filed an amicus brief on behalf of over 6,000 XRP holders in a lawsuit involving the U.S. Securities and Exchange Commission (SEC) and Ripple Labs.

Deaton has consistently criticized the SEC, its Chair Gary Gensler, and Senator Elizabeth Warren for their strict stance on cryptocurrency. In a recent social media post on platform X, Deaton accused Warren of “gaslighting the American public.”

Elizabeth Warren secured her Senate seat in 2012 after defeating incumbent Senator Scott Brown with 53.7% of the vote. In 2018, she defeated former state representative Geoff Diehl with 60% of the vote. However, recent polls conducted in 2023 revealed that only 41% of Massachusetts residents viewed her candidacy favorably.

The Boston Globe suggests that Deaton’s potential candidacy could serve the Republican Party’s strategy not only to directly challenge Warren in Massachusetts but also to engage her in a competitive race. This move aims to hinder Warren from raising funds for other candidates and causes, making the upcoming Senate election a closely watched and intriguing political development.

Image by Angelique Johnson from Pixabay

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