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XRP lawyer calls for support “to retire Warren” amid U.S. Senate race

Deaton's senate bid challenges Warren's stance, as Scaramucci joins the fray in NYC fundraiser.

In an unexpected turn of events, prominent Ripple [XRP] advocate John Deaton has launched a donation drive for his Senate bid against Elizabeth Warren. What sets this campaign apart is Deaton’s acceptance of cryptocurrency donations, a move that resonates deeply with the crypto community. 

Adding to the intrigue, Anthony Scaramucci, SkyBridge Capital founder and former Trump communications director, is poised to host a fundraiser in support of Deaton’s candidacy.

This was brought to light by Fox journalist, Eleanor Terrett, in a 5th March post on X (earlier Twitter). 

She noted, 

“NEW: Scaramucci  says he’s “all in” on DeatonforSenate against SenWarren and plans to host a fundraiser for him in NYC.”

The Senatorial battle 

John Deaton also took to X where he shared his bold announcement of his Senate bid against Elizabeth Warren. 

He highlighted,

“BIG NEWS: Our campaign is now accepting donations made in cryptocurrency.  I hope you will chip in and support our efforts to retire Elizabeth Warren. Please spread the word.”

Cardano founder Charles Hoskinson also announced his support for Deaton. He wrote on X,

“I just donated the maximum amount allowed for @DeatonforSenate in his fight against Elizabeth Warren for Senate. We need people willing to take on the establishment against banks writing our laws and destroying the Crypto industry.”

On the other hand, Senator Warren has been quick to respond to the challenge, mobilizing her network of supporters in anticipation of the upcoming race.

Crypto in politics or politics in crypto 

As the battle for the Senate seat heats up, both Deaton and Warren are rallying their respective bases, setting the stage for a compelling showdown in the political arena.

This surge of support for Deaton’s campaign comes at a time when Elizabeth Warren faces mounting criticism from the cryptocurrency sector. 

As the 2024 US elections near, cryptocurrency voters are gaining influence.

With 52 million Americans holding digital assets, politicians are courting Bitcoin supporters. This signals a paradigm shift where candidates must address crypto interests to win. As the crypto community grows, its impact on politics will only increase.

 

Disclaimer: AMBCrypto's content is meant to be informational in nature and should not be interpreted as investment advice. Trading, buying or selling cryptocurrencies should be considered a high-risk investment and every reader is advised to do their own research before making any decisions.

Ishika Kumari

Journalist

Ishika Kumari is a Crypto Analyst at AMBCrypto, specializing in regulatory developments, market dynamics, and blockchain’s real-world impact. She breaks down complex protocols and legislation into practical, easy-to-understand insights.

AMBCrypto was founded in 2018 with a mission to simplify and bring the latest blockchain and cryptocurrency news to our readers. We have quickly grown into the digital news source for an emerging generation of cryptocurrency enthusiasts, reaching more than a million readers on a monthly basis, across the globe.