John Deaton, a well-known attorney and strong supporter of the cryptocurrency industry, is contemplating challenging Elizabeth Warren, a prominent critic of crypto, for her position 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, an insider from the Republican Party revealed that Deaton is seriously considering running for the Senate in Massachusetts, where Warren has been serving since her initial election in 2013.
Jim Conroy, a former advisor to Massachusetts’ 72nd governor, Charles Baker, disclosed that he has been advising Deaton and that a decision regarding the Senate race will be made “in the coming days.”
Deaton has gained significant recognition within the U.S. crypto community and has extensive experience in advocating for individuals affected by mesothelioma and asbestos-related illnesses. 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 Chair Gary Gensler, and Warren, whose strong stance against crypto has made her a target for industry supporters. Recently, Deaton took to the social media platform X to accuse Warren of “gaslighting the American public.”
Warren won her Senate seat in 2012 by defeating the incumbent Senator Scott Brown with 53.7% of the vote. In 2018, she secured her position by defeating former state representative Geoff Diehl with 60% of the vote. However, polls conducted in 2023 revealed that only 41% of Massachusetts residents viewed her candidacy favorably.
The Boston Globe suggests that by fielding Deaton as a candidate, the Republican Party aims not only to directly challenge Warren in Massachusetts but also to engage her in a competitive race, limiting her ability to raise funds for other candidates and causes.
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