Cryptocurrency-supporting lawyer John Deaton wins Massachusetts Republican Senate nomination

2024-09-04 10:53:05

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ChainCatcher news, cryptocurrency lawyer John Deaton has won the Republican Senate nomination in the Massachusetts primary and will compete against Democratic Senator Elizabeth Warren in November.

According to the Associated Press on September 4, Deaton defeated two other Republican candidates. As of the time of publication, Deaton has received 64% of the vote.

Notably, Deaton's campaign has garnered support from several prominent figures in the cryptocurrency industry, including the Winklevoss twins and executives from Ripple. The cryptocurrency political action committee Commonwealth Unity Fund has invested over $1 million in support of Deaton's campaign in Massachusetts. Deaton's major donors include founders and executives from companies such as Ripple, Gemini, SkyBridge Capital, Cardano, and Kraken.

According to Federal Election Commission records, as of July 31, Deaton's campaign fundraising has reached approximately $1.7 million. Previously, Deaton submitted an amicus brief to the SEC on behalf of 4,701 Coinbase customers in support of the company's lawsuit against the SEC.

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