John Deaton’s crypto supporters help boost Warren in Senate race

John Deaton'S Crypto Supporters Help Boost Warren In Senate Race


Pro-crypto attorney John Deaton raised $1.36 million in the first quarter of this year in his bid to unseat Sen. Elizabeth Warren in the Senate — compared to Warren's $1.09 million.

A who's who of crypto supporters include Dayton's top donors, including Ripple executives Chris Larsen and Brad Garlinghouse, Gemini founders Cameron and Tyler Winklevoss, SkyBridge Capital founder Anthony Scaramucci, Cardano and Ethereum founder Charles Hoskinson, and Kraken founder Jesse Powell.

In total, Dayton's contributors gave him nearly $360,700 in Q1 2024, plus $1 million in loans to his campaign, preliminary filings with the U.S. Federal Election Commission (FEC) show.

Dayton's top Senate campaign donors between January and March 2024. Source: FEC

By comparison, Warren reported raising just under $1.09 million — all from donors alone.

Ledger

Deaton became famous for defending the interests of XRP (XRP) holders in his legal battle against Ripple at the Securities and Exchange Commission.

In February, he announced his bid for Warren's Senate seat representing Massachusetts, where he ran as a Republican against 11 years of Democratic incumbency.

Warren has long campaigned for bills to “level the playing field” between crypto and traditional financial markets, which her detractors say will drive innovation and investment out of America.

RELATED: Crypto users can ‘make a difference in upcoming election' in US – CoinFlip CEO

Among the big contributors from Dayton were Ripple's Larsen and Garlinghouse, Scaramucci and the Winklevoss twins.

Each made a maximum donation of $6,600 — a maximum of $3,300 each for primary and general election bids.

Cardano Hoskinson, Kraken Powell and wallet founder Jameson Loup each threw $3,300 into Dayton's primary campaign challenge.

With the U.S. Senate up for election on November 5, 34 of the 100 total seats are up for grabs in all 435 of the House's 435-seat race for the presidency — likely pitting former President Donald Trump against President Joe Biden again. .

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