Cryptocurrency NewsXRP Advocate Aims for Senate Victory, Targets $1M in Crypto-Friendly Funding

XRP Advocate Aims for Senate Victory, Targets $1M in Crypto-Friendly Funding

John Deaton, an advocate for XRP, recently informed his substantial online audience that he has successfully funded half of his campaign expenses and is now seeking their financial support to cover the remaining costs, either through traditional currency or digital assets. As a staunch opponent of cryptocurrency skeptic, Senator Elizabeth Warren, Deaton is determined to contest her in the upcoming Massachusetts Senate election. He confidently shared with his 324,100 followers on X that a personal investment of $500,000 has been made into his campaign. Deaton believes he stands a chance against Warren, who has been in office for over a decade, stating that the notion of her invincibility in Massachusetts is a misconception.

The election, set for September 3, finds Deaton having contributed half of the required campaign funds. He is now appealing to his supporters for assistance in raising an additional $500,000, accepting both cash and cryptocurrency donations. Deaton emphasizes the importance of self-belief and the value of freedom, highlighting his need for support to meet his $1 million goal by quarter’s end.

Charles Hoskinson, the founder of Cardano, also expressed his support for Deaton on March 4, emphasizing the need for individuals who are brave enough to challenge the status quo and oppose the influence of banks on legislative processes, particularly those detrimental to the cryptocurrency sector. On February 20, reports from Cointelegraph revealed Deaton’s formal announcement of his Senate candidacy, focusing his campaign on confronting the political elite in Washington and critiquing Senator Warren for her lack of achievements for the state of Massachusetts.

Despite Deaton’s strategic avoidance of cryptocurrency topics in his campaign discourse, the underlying tensions between him and government figures critical of digital assets, like Warren, are evident. In late 2023, Warren criticized the close connections between the cryptocurrency industry and Washington insiders, implying that many officials might be positioning themselves for future roles in digital asset lobbying while still in public service.

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