Ethereum

Gemini

Cardano

President Donald Trump

Donald Trump

Pro-crypto lawyer John Deaton has outraised Senator Elizabeth Warren over the first quarter of this year for his bid to seize her Senate spot — bankrolling $1.36 million compared to Warren’s $1.09 million.
A who’s who of crypto backers make up Deaton’s top donors, including Ripple executives Chris Larsen and Brad Garlinghouse, Gemini founders Cameron and Tyler <a href="https://cointelegraph.com/top-people-in-crypto-and-blockchain-2023/winklevoss-twins">Winklevoss</a>, SkyBridge Capital founder Anthony Scaramucci, Cardano and Ethereum co-founder Charles Hoskinson and Kraken co-founder Jesse Powell.
In total, Deaton’s contributors have given him nearly $360,700 for Q1 2024, plus the $1 million he&nbsp;<a href="https://cointelegraph.com/news/john-deaton-senator-elizabeth-warren-massachusetts">loaned to his campaign</a>, preliminary <a href="https://docquery.fec.gov/cgi-bin/forms/C00870337/1770480/" target="_blank" rel="noopener nofollow">filings</a> to the United States Federal Election Commission (FEC) show.
<figure data-ct-non-breakable="true">
 <img src="https://s3.cointelegraph.com/uploads/2024-04/0469b7c3-13f7-42ef-aef9-18b3d17008f0.png" alt="" title="">
 <figcaption style="text-align: center;">
 Deaton’s top Senate campaign donors between January and March 2024. Source: FEC
 </figcaption>
</figure>
In comparison, Warren reported <a href="https://docquery.fec.gov/cgi-bin/forms/C00500843/1770752/" target="_blank" rel="noopener nofollow">raising</a> just under $1.09 million — all from donors alone.
Deaton rose to prominence defending XRP (<a href="https://cointelegraph.com/xrp-price-index">XRP</a>) holders’ interests in the Securities and Exchange Commission’s <a href="https://cointelegraph.com/news/ripple-pay-significant-civil-penalty-sec">legal fight</a> against Ripple.
He announced <a href="https://cointelegraph.com/news/lawyer-unseat-elizabeth-warren-crypto-campaign">his bid for Warren’s Senate seat</a>&nbsp;representing Massachusetts in February, running as a Republican against the 11-year Democratic Party incumbent.
Warren has <a href="https://cointelegraph.com/news/elizabeth-warren-crypto-bill-election-us">long campaigned</a> against crypto and introduced bills she claims are to “<a href="https://cointelegraph.com/news/warren-wants-crypto-level-playing-field-ai-limits">level the playing field</a>” between crypto and traditional financial markets, which her detractors claim would drive innovation and investment out of the United States.
Related: <a href="https://cointelegraph.com/news/crypto-united-states-close-election-coinflip-ceo">Crypto users could ‘make a difference in a close election’ in the US — CoinFlip CEO</a>
Among Deaton’s largest individual contributors were Ripple’s Larsen and Garlinghouse, Scaramucci and the Winklevoss twins.
Each made the maximum donation of $6,600 — the max of $3,300 each to the primary and general election bids.
Cardano’s Hoskinson, Kraken’s Powell and Casa wallet founder Jameson Lopp each threw in $3,300 to Deaton’s primary campaign challenge, as did Ripple legal chief Stuart Alderoty.
The U.S. Senate elections are set to be held on Nov. 5 with 34 of the 100 total seats up for contestation alongside all 435 seats in the House alongside the presidency — with it likely that former President Donald Trump <a href="https://cointelegraph.com/news/neither-joe-biden-nor-donald-trump-are-crypto-champions">will again face off</a> with President Joe Biden.
Magazine:&nbsp;<a href="https://cointelegraph.com/magazine/pro-xrp-lawyer-john-deaton-10x-more-into-btc-4x-more-into-eth-hall-of-flame/">Pro-XRP lawyer John Deaton ‘10x more into BTC, 4x more into ETH: X&nbsp;Hall of Flame</a>

John Deaton’s crypto backers help outraise Warren in Senate race

Cointelegraph

Egyéb ezen a dátumon (2024. ápr. 15.) megosztott cikkek

Solana Releases Key Update to Tackle Network Congestion

Analyst Calls USDC Rewards From Octoblock “Genius” Ahead of Upcoming BTC Halving

Market Winds Turn Investors Towards Fezoo’s Flourishing Exchange Presale as Injective & First Dig...

Sandeep Nailwal-Backed Nailwal Fellowship Concludes First Cohort With Founders Raising From T1 Fu...

Hong Kong Approves Landmark Spot Bitcoin and Ether ETFs

Avalanche's Price Increased More Than 4% Within 24 hours

Join our free newsletter for daily crypto updates!