John Deaton, a prominent advocate for XRP, has announced his intention to challenge Senator Elizabeth Warren in the Massachusetts Senate race. Deaton, who has a substantial following on social media that supports cryptocurrencies, is urging his followers to financially support his campaign.
In a post on X (formerly Twitter), Deaton revealed that he has invested $500,000 of his own money into the senate campaign. Despite Warren’s 11-year tenure in Massachusetts, Deaton remains optimistic about his chances of challenging her. The election is set to take place on September 3. While Deaton has already contributed 50% of the campaign funds, he is calling upon his followers to help raise an additional $500,000, which can be donated in either traditional currency or cryptocurrency.
Expressing his determination, Deaton stated, “You must believe in yourself, if I could self-fund I would, because freedom is on the line. I need your help. I’m trying to raise $1 million by the end of the quarter.”
Support for Deaton’s campaign has been evident, with Cardano founder Charles Hoskinson announcing his donation to the cause. Hoskinson emphasized the importance of having individuals who are willing to challenge the establishment and protect the crypto industry against the influence of banks.
Deaton officially launched his campaign for a U.S. Senate seat in Massachusetts on February 20. In a video released on his X account, he vowed to take on the Washington elites and criticized Senator Warren for her lack of productivity in serving Massachusetts. While Deaton is not directly addressing crypto in his campaign, it is well-known that tensions exist between him and government officials who are critical of cryptocurrencies, including Warren.
In December 2023, Warren claimed that there was a revolving door between the crypto industry and Washington insiders, suggesting that government officials may be using their positions to prepare for future roles in digital asset lobbying. This further highlights the underlying tensions between Deaton and critics like Warren.
In related news, it has been revealed that Deaton holds significant investments in Bitcoin and Ethereum, making him a notable figure in the cryptocurrency space.