Pro-XRP attorney John Deaton has secured the Republican nomination for the United States Senate after a convincing win in the primary election. Deaton, who is a former Marine and has represented 75,000 holders in the Ripple vs. US Securities and Exchange Commission (SEC) case, secured 64.6% of the votes, leaving his closest rival, industrial engineer Bob Antonellis, trailing with 26.2%, and Quincy city council president Ian Cain, who garnered 9.2% of the vote, in a distant third.
The nomination positions Deaton to challenge incumbent Democratic Senator Elizabeth Warren in the November general election. The primary results, which have been reported with more than 92% of votes counted according to Politico, indicate a decisive victory for Deaton, who has positioned himself as a stark contrast to Senator Warren, particularly on core issues.
https://t.co/vsiy0FW5lj
— John E Deaton (@JohnEDeaton1) September 4, 2024
Pro-XRP Lawyer Deaton Vs. Warren
Upon his victory, Deaton expressed his appreciation for the electorate’s support and delineated his campaign’s next steps, emphasizing a return to unity and problem-solving in politics.
His statement reads, “I am truly humbled by the tremendous outpouring of support and grateful for the faith the voters have placed in me. Tomorrow, we begin the next phase of the campaign – an effort that will hold Elizabeth Warren accountable for her failures on the border, the unaffordable cost of supporting a family, a broken healthcare system, abandoning our ally Israel, and restoring faith in our politics. Voters are turning their back on divisive partisan politics and are ready to support a message of optimism, unity, and solving problems.”
The reaction from the crypto community was swift and enthusiastic, with several high-profile figures chiming in to celebrate Deaton’s victory. Caitlin Long, the founder and CEO of Custodia Bank, congratulated Deaton through a post on X: “CONGRATS John Deaton! AP called your race already. Gonna be fun to watch you take on Elizabeth Warren in the general election. I hear she’s on the outside in the Dem Party these days…”
Similarly, Mark Cuban, former principal owner and current minority owner of the Dallas Mavericks, conveyed his congratulations: “Congrats John Deaton !!! Only 1 W to go !” Furthermore, Ryan Sean Adams, host of the Bankless podcast, said via X: “John Deaton vs Elizabeth Warren is officially on. Maybe we can force the leader of the anti-crypto army into early retirement.”
In response to Deaton’s nomination, Warren’s campaign has been quick to point out the influence of the crypto industry in this election. Her campaign manager, Janice Rottenberg, issued a statement highlighting the influx of funds from crypto-related entities and individuals, which she claims are attempting to sway the election in favor of their interests.
“A small handful of crypto billionaires and corporate special interests poured more than $2 million into a super PAC to handpick their preferred Republican candidate, and now Massachusetts voters have a clear choice that could determine control of the Senate,” Rottenberg commented to AP.
Deaton’s campaign funding reflects substantial backing from the crypto sector, with major contributions coming from figures like Ripple executives Chris Larsen and Brad Garlinghouse, as well as Gemini founders Cameron and Tyler Winklevoss. According to Federal Election Commission records, Deaton had raised around $1.7 million by July 31.
Notably, Warren has accepted two debate proposals in Boston and Springfield. The incumbent senator is known for her anti-crypto stance, which she has demonstrated in numerous bills in recent years. Deaton could be an important figure for the crypto industry, ending the Warren regime.
At press time, XRP traded at $0.5537.
Featured image from X, chart from TradingView.com
Credit: Source link