Pro-XRP Lawyer Deaton Gets Musk’s Support in Senate Run

TL;DR

• John Deaton, representing many XRP investors in Ripple’s legal battle, is competing against Massachusetts Senator Elizabeth Warren, who is noted for her opposition to cryptocurrencies.
• He has received endorsements from prominent figures in the crypto sphere, such as Coinbase’s Brian Armstrong and Tesla’s CEO, but recent polling indicates that Warren is more likely to win the election.

Deaton v. Warren

The upcoming US Senate elections on November 5 promise intriguing matchups. In Massachusetts, the contest features Republican candidate John Deaton, who represents many XRP investors in the Ripple lawsuit against the US SEC, facing off against the Democratic incumbent, Elizabeth Warren.

“I am running for US Senate to continue my life’s mission to shake things up for those who need it the most. I have fought for the underprivileged, took on exploitative corporations and unsympathetic insurance companies, and I prevailed,” Deaton shared earlier this year.

As anticipated, the pro-XRP lawyer has garnered support from several notable leaders within the cryptocurrency sphere.

One such supporter is Brian Armstrong (CEO of Coinbase), who encouraged Massachusetts voters to back Deaton. He pointed out that Senator Warren has maintained an anti-crypto viewpoint over the years, claiming she played a significant role in helping SEC Chairman Gary Gensler push forward an agenda that aims to undermine the digital asset industry in the United States.

“Fortunately, they did not prevail as we and others stood our ground. She is against freedom and believes the government should control all financial services (similar to China’s approach), causing significant harm to our nation,” Armstrong expressed.

Interestingly, his remarks were amplified by one of the most influential and wealthy individuals in the world – Elon Musk. Tesla’s CEO shared the post, earning accolades from pro-Ripple advocates.

Hoskinson’s Backing

Another notable supporter of Deaton is Charles Hoskinson, founder of Cardano. Earlier in 2024, he contributed the maximum amount allowable under state law to aid his campaign, which is $3,300.

“We need individuals ready to challenge the establishment against banks drafting our laws and harming the crypto ecosystem,” Hoskinson remarked.

Despite this high-profile support, national surveys indicate that Deaton remains the underdog, garnering around 33% of the voting intentions. Meanwhile, Warren holds a substantial advantage, currently supported by over 56% of voters.