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Pro-XRP Lawyer John Deaton Mulling Senate Challenge Against High-Profile Crypto Critic Elizabeth Warren: Report

by admin
February 18, 2024
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XRP supporter and lawyer John Deaton is reportedly contemplating difficult Massachusetts Democrat Senator Elizabeth Warren within the coming 2024 US Senate elections.

The Boston Globe reports that Jim Conroy, marketing campaign supervisor and political adviser of former Massachusetts Gov. Charlie Baker, is consulting with Deaton on the potential of him becoming a member of the senatorial race as a Republican candidate.

Conroy says the lawyer is taking a “severe look” at working and can determine within the coming days.

The report says Deaton, who served as amicus counsel for XRP holders within the case filed by the U.S. Securities and Alternate Fee (SEC) towards blockchain funds firm Ripple, will change into Warren’s first main challenger if he decides to push by means of with the senatorial bid.

Warren, who’s looking for a 3rd time period in workplace, is a staunch crypto critic who launched the Digital Asset Anti-Cash Laundering Act final yr. The bill proposes extending the appliance of Financial institution Secrecy Act necessities, together with the know-your-customer (KYC) guidelines, to the digital asset trade.

Deaton has not but made any announcement. As an alternative, he shares his connections to Massachusetts in a brand new post on social media platform X.

“[I]n addition to residing in Swansea Massachusetts, I’ve been a Massachusetts lawyer for 23 years representing Massachusetts asbestos victims towards companies and insurance coverage firms. 

I signify 627 XRP holders in Massachusetts towards the SEC’s gross overreach as amicus counsel within the SEC vs Ripple case – in addition to Massachusetts Coinbase prospects in SEC vs Coinbase. My enterprise mortgage is with a Massachusetts Financial institution. And the checklist goes on concerning my connection to Massachusetts.”

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Featured Picture: Shutterstock/archy13/Sol Invictus





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Tags: ChallengeCriticCryptoDeatonElizabethHighProfileJohnLawyerMullingProXRPreportSenateWarren
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