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Ripple CEO joins Elon Musk in supporting pro-crypto Senate candidate

Ripple CEO joins Elon Musk in supporting pro-crypto Senate candidate

Cryptopolitan2024/10/23 10:57
By: By Ashish Kumar
XRP+1.48%XOLDTOKEN0.00%DOGE+4.47%
Share link:In this post: Ripple CEO, Elon Musk, and Coinbase’s Brian Armstrong have endorsed John Deaton. Garlinghouse accused Warren of spreading misinformation about crypto. Deaton’s campaign marks a turning point in the crypto industry’s relationship with US regulators.

John Deaton, a pro-crypto lawyer and challenger against US Senator Elizabeth Warren, is gaining back to back support of key inflation industry leaders. Ripple CEO, Brad Garlinghouse, is the fresh addition to this tally. However, Deaton has been a key player involved in the long running tussle between Ripple and the Securities and Exchange Commission (SEC).

Earlier, Elon Musk threw his support behind Deaton in his Senate run. His support came after Coinbase CEO Brian Armstrong urged Massachusetts voters to back the pro-crypto candidate and called Warren’s policies harmful to the industry.

Garlinghouse slams Warren

Ripple CEO in an X post highlighted that Deaton has been a relentless advocate for the XRP Army (aka XRP Family) and the entire crypto industry. This might be the first time that Garlinghouse has socially addressed the matter, linking it with the XRP.

Garlinghouse alleged that Sen. Warren has spread misinformation and lies about crypto and he enthusiastically and wholeheartedly endorses the pro-XRP lawyer in his run for Senate. He urged citizens to donate to his campaign whether it’s $10 or $100. Meanwhile, He accepted that he had also donated funds to the campaign but didn’t mention the actual amount.

He shared a post where Deaton stated that they need to get back to a place where we can take our politicians for their word. The pro-XRP lawyer took shots at Warren stating that it’s a sad state that the Senator thinks that she can stand on the debate stage and lie to the American people to get elected.

Deaton alleged that Warren is a part of the broken Washington system that uses that playbook and this is why she is lying about the records. 

See also Why is Dogecoin pumping today?

Musk, crypto leaders back Deaton

Elon Musk, who is openly supporting Donald Trump in the Presidential elections, also endorsed John Deaton on social media. Coinbase CEO Armstrong labeled Warren “anti-freedom” and claimed she’s crippled the US crypto space by championing SEC chair Gary Gensler and pushing anti-crypto legislation.

To this Musk posted a simple, but resounding “Yes” and signaled his disapproval of Warren’s anti-crypto stance. The billionaire is all in for Deaton’s fight to replace one of the industry’s biggest critics.

With big names like Musk, Garlinghouse, and Armstrong on board, this could signal a turning point in crypto’s relationship with US regulators. The 2024 elections are turning out to be crucial for the future of digital assets in the region.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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