Summary:

•Cryptocurrency advocate and U.S. Senate candidate John Deaton has surpassed Sen. Elizabeth Warren in fundraising.

•Deaton’s campaign has received endorsements from prominent figures, including Ripple CEO Brad Garlinghouse.

• Warren has stepped up efforts to rally her donor base, suggesting she recognizes the threat Deaton poses.

John Deaton, a pro-crypto lawyer and aspiring U.S. Senate candidate, surpassed incumbent Senator Elizabeth Warren in fundraising in the first quarter of 2023. According to data publicly available from the Federal Election Commission, Deaton raised $1.36 million, surpassing Warren’s $1.1 million.

Crypto Community Support Deaton

Fox Business reporter Eleanor Terrett revealed that Deaton’s backers include several well-known figures in the crypto industry, such as Ripple’s Brad Garlinghouse and Chris Larsen, Cardano’s Charles Hoskinson, Gemini’s Tyler and Cameron Winklevoss, and Bitcoin entrepreneur Jameson Loop.

Earlier this year, Deaton launched his official campaign to replace Elizabeth Warren in the U.S. Senate, and his campaign has garnered significant support from industry leaders due to Warren’s apparent anti-crypto stance.

Warren has taken note of Deaton’s momentum, with reports suggesting she is stepping up efforts to rally her donor base. The lawmaker reportedly described Deaton as a cryptocurrency advocate aligned with the Republican Party and highlighted her advocacy for stricter regulation of the industry.

While Elizabeth Warren expressed confidence in her ability to face any challenge, her fundraising efforts suggest she recognizes the potential threat John Deaton could pose.

Warren, who has twice successfully defended her Senate seat, has pushed for several anti-crypto policies during that time, including the proposed Digital Asset Anti-Money Laundering Act to increase compliance in the nascent industry. As a result, the congresswoman believes the cryptocurrency industry has made her a target.

Still, Deaton sees himself as a credible candidate, citing inside sources who said Warren has mentioned him in various communications. He also pointed to a video in which Warren and Massachusetts Senate President Karen Spilka joke about his book, suggesting his candidacy is serious.

Even in the face of these challenges, Deaton remains confident that he is a credible opponent. He cited sources inside the party who mentioned him in multiple communications from Warren. He also mentioned a video in which Warren and Karen Spilka made a joking review of his book, which in some ways showed the seriousness and seriousness of his campaign.

Deaton further stated: "I have a friend who is a registered Democrat in Texas. He contacted me a few days ago and told me that he had received several emails from Warren, mentioning me and calling me a major threat to her Senate seat. I told him that the seat was not hers and that I planned to take it back and give it back to the hardworking families of Massachusetts. Warren must have her reasons for keeping me in mind...If a candidate really had no chance of winning, then he would not be the focus of people's attention, and people would never joke that he had no chance. Obviously, someone is worried." #Warren #加密立场