John Deaton, a prominent attorney and vocal supporter of the cryptocurrency industry, is contemplating the possibility of challenging Elizabeth Warren, a key critic of cryptocurrencies, for her seat in the United States Senate. The election is scheduled to take place in November 2024.
According to a report by the Boston Globe on February 14, a Republican Party insider revealed that Deaton is seriously considering running in the upcoming senate election in Massachusetts, the state Warren has represented since her initial election in 2013. Jim Conroy, a former advisor to the 72nd governor of Massachusetts, Charles Baker, disclosed that he has been advising Deaton and that a decision regarding the senate race will be made in the near future.
Deaton is a well-known figure within the American crypto community, with extensive experience in advocating for individuals affected by mesothelioma and asbestos-related diseases. In 2021, he 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.
Since then, Deaton has been a vocal critic of the SEC, its Chairman Gary Gensler, and Warren, who has taken a tough stance on cryptocurrencies, making herself a target for industry advocates. Deaton recently took to the social media platform X to accuse Warren of “gaslighting the American public.”
Warren was elected to the Senate in 2012 after defeating incumbent Senator Scott Brown with 53.7% of the vote. In 2018, she overcame former state representative Geoff Diehl with 60% of the vote. However, polls conducted in 2023 indicated that only 41% of Massachusetts residents viewed her candidacy favorably.
According to the Boston Globe, Deaton’s candidacy could serve the Republican Party’s aim of not only directly defeating Warren in Massachusetts but also engaging her in a competitive race to hinder her ability to raise funds for other candidates and causes.
(Source: )