Contact

info@th3fus3.com



© 2024 TheFuse. All rights reserved.

Pro-Ripple Lawyer Makes US Senate Ballot

John Deaton has garnered over 10,000 signatures in his Massuchussetts bid to unseat Elizabeth Warren

May 14, 2024 12:51 AM

Reading time: 1 minute, 40 seconds

TL;DR John Deaton, a pro-XRP lawyer and Senate candidate, has officially made it onto the 2024 Massachusetts ballot, aiming to challenge Senator Elizabeth Warren. Deaton's campaign has garnered significant support from the crypto community, fueling optimism around Ripple's ongoing lawsuit with the SEC.

Deaton's Political Milestone

John Deaton's groundbreaking achievement of becoming the first GOP candidate to secure a spot on the 2024 Massachusetts ballot is a significant milestone in his campaign to unseat Democrat Elizabeth Warren.

This achievement, coupled with his strong advocacy for the crypto industry, underscores his credibility and potential to influence the regulatory landscape.

Deaton, a strong advocate for the crypto industry, has garnered over 10,000 signatures, a testament to his widespread support. His campaign vows to put a stop to Warren's 'irrational attacks' on the crypto sector and advocate for a more balanced regulatory approach.

Ripple's Legal Hopes

The XRP community is abuzz with hope and optimism, seeing Deaton's political ambitions as a beacon of light in the Ripple vs. SEC lawsuit.

Deaton's criticism of regulatory overreach and his defense of the crypto industry resonates with many who hope for a more favorable regulatory environment.

Ripple CEO Brad Garlinghouse has also expressed confidence, criticizing Senator Warren's stance on crypto and predicting a favorable outcome for Ripple in the long run.

Community and Industry Support

Deaton's Senate run has galvanized significant support from various quarters, including crypto-related Political Action Committees (PACs), which have been a formidable force in raising funds and mobilizing support for his campaign, demonstrating the strength and unity of the crypto community.

Industry figures like Lawyer James Murphy (MetaLawMan), who has publicly backed Deaton's candidacy, have also played a crucial role.

This broad base of support underlines the crypto community's desire for representatives who understand and advocate for their interests in the political arena.

Market Watch

Despite the uncertainties in the crypto market, XRP's recent performance, which has seen a surge in value, and John Deaton's rallying support mark a pivotal moment.

The market's positive response to Deaton's political milestone is a clear indication of investor optimism about his potential influence on the regulatory landscape.

As the landscape of crypto regulation continues to evolve, the outcome of Deaton's campaign and the Ripple lawsuit will be closely watched by industry stakeholders and investors alike.

Share this

Similar news
cryptocurrency

SEC Sets Target on Yet Another Crypto Market Maker

Crypto Market Maker Faces Legal Battle

October 11, 2024 01:00 PM
cryptocurrency

Striple Scores One-Day, 70-Country Stablecoin Payment Success

Stripe had previously discontinued Bitcoin payments due to high fees and slow confirmation times

October 11, 2024 11:59 AM
cryptocurrency

Bitnomial Sues the SEC Over XRP Futures

Crypto exchange challenges regulatory oversight

October 11, 2024 11:00 AM
All results loaded