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Home News

Elizabeth Warren Concerned About Potential Senate Challenge from Pro-XRP Lawyer

20 February 2024
in News
Reading Time: 4 mins read
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Elizabeth Warren Concerned About Potential Senate Challenge from Pro-XRP Lawyer

Source: CNN

United States Senator Elizabeth Warren is reportedly expressing concern about the potential candidacy of pro-XRP lawyer John E. Deaton for her Massachusetts Senate seat, according to a post by Fox Business Analyst Eleanor Terrett on X.

Terrett’s post refers to an email from Senator Warren’s campaign, which suggests that she is mobilizing her donor base in response to a Boston Globe report about the possibility of John Deaton running for the Senate seat currently held by Warren. While Terrett did not disclose her source for the email, she mentioned that Warren has been speculating about Deaton’s potential candidacy in the upcoming election.

The Boston Globe report, published on February 14, indicates that Deaton is seriously considering running against Senator Warren, citing two insiders from the Republican party who claim to have direct knowledge of his intentions. The report noted that two insiders suggest he is actively exploring the possibility and will make a decision soon.

In the email screenshot shared by Terrett, Senator Warren urges her supporters to contribute to her campaign as they prepare to battle Deaton, who might get potential funding from prominent special interests, the Republican party, and Wall Street in addition to his personal funds. She emphasized her commitment to ensuring that the cryptocurrency industry adheres to “basic regulations all banks and other financial institutions follow,”  and this has made her a target for crypto lobby groups. 

????SCOOP: @SenWarren is RALLYING her donor base in anticipation of a challenge to her Massachusetts Senate seat from a pro-#crypto candidate.

In an email sent to me by a source who received it, Warren directly addresses the @BostonGlobe report speculating that @JohnEDeaton1 will… pic.twitter.com/NuEBSp1924

— Eleanor Terrett (@EleanorTerrett) February 19, 2024

While Deaton has not officially declared his candidacy for the senatorial position, his profile as a lawyer and vocal supporter of Ripple’s XRP could become a significant factor if he decides to contest against the Democrat Senator. 

Deaton is well-known for his active involvement in the crypto space, particularly for his support of Ripple’s XRP in its legal battle with the U.S. Securities and Exchange Commission (SEC). He recently criticized the SEC for how it handled the lawsuit against DEBT Box, a crypto project charged by the regulator, in August 2023.

 

If you want to read more news articles like this, visit DeFi Planet and follow us on Twitter, LinkedIn, Facebook, Instagram, and CoinMarketCap Community.

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Tags: US Elections
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Precious James

Precious James

Precious James is a seasoned forex and crypto trader who loves sharing insights through engaging and accessible content. When not analyzing markets, Precious enjoys quality time with their beloved dogs. This blend of expertise and personal passion adds a unique, relatable touch to Defi Planet's content.

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