Elizabeth Warren defeated XRP advocate John Deaton for a Massachusetts Senate seat.
Democrat Senator Elizabeth Warren has won a Massachusetts Senate seat over crypto-friendly Republican John Dayton by a landslide.
Warren — arguably the most high-profile crypto critic in American politics — has won 74% of the 145,000 or so votes counted so far, according to polling data from the Associated Press.
The Associated Press called the count when less than 1% of the vote had been counted.
Massachusetts Senate race results Source: Associated Press
Dayton was considered a long shot against Warren, who has held a seat in the U.S. Senate since 2013 and polled 20 to 30 percent of the vote in most polling stations.
Dayton is a prominent crypto attorney who defended the XRP token holders during his long legal battle with the Securities and Exchange Commission.
Deaton has received significant support from leaders in the crypto space, having secured $2 million in funding from Gemini co-founders Tyler and Cameron Winklevoss and Ripple.
Warren's victory marks the start of her third term in the US Senate.
The Associated Press called it a victory for Democrats in Massachusetts, where Kamala Harris received 11 Electoral College votes.
In mid-October, Deaton and Warren clashed in two Senate debates, accusing Warren of building an “anti-crypto army” instead of prioritizing other issues affecting the state's lower and middle class.
Warren said she is “fine” with people wanting to buy and sell digital assets, but wants to make sure the crypto industry follows the “same rules” as banks and stockbrokers — namely consumer protection and anti-terrorism laws.
Warren in 2010 After introducing the Digital Assets Anti-Money Laundering Act in 2023, it would require financial institutions to keep records and report suspicious crypto activity to federal regulators to help detect money laundering and terrorist financing activities.
Warren and Dayton agree that traditional banking has failed many Americans, but they don't see eye to eye on how to solve those problems.
Dayton's loss means Democrats will extend their 11-year streak of holding both Massachusetts seats in the U.S. Senate.
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This is a developing story, and more information will be added as it becomes available.
