Bitget App
Trade smarter
Open
HomepageSign up
Bitget>
News>
Pro-XRP Lawyer Running for US Senate Receives Support From Elon Musk: Details

Pro-XRP Lawyer Running for US Senate Receives Support From Elon Musk: Details

Cryptopotato2024/10/22 16:00
By: Author: Dimitar Dzhondzhorov
XRP-3.16%ADA-5.07%
Musk is the latest popular figure to have backed John Deaton in his quest for the US Senate.

TL;DR

  • John Deaton, representing numerous XRP investors in Ripple’s lawsuit, is running against current Massachusetts Senator Elizabeth Warren, who is known for her anti-crypto stance.
  • He has gained support from notable crypto figures like Coinbase’s Brian Armstrong and Tesla’s CEO but recent polls show Warren has the better chance of winning the elections.

Deaton v. Warren

The US Senate elections are scheduled for November 5 and will offer some interesting duels. The battle for Massachusetts, for instance, features Republican candidate John Deaton (who represents thousands of XRP investors in Ripple’s lawsuit against the US SEC) versus the incumbent Senator from the Democratic party, Elizabeth Warren.

“I am running for US Senate to continue my life’s mission to shake things up for the people who need it most. I fought for the little guy, I took on the greedy corporations and the heartless insurance companies, and I won,” Deaton said earlier this year.

Somewhat expectedly, the pro-XRP attorney received support from some notable names in the cryptocurrency industry.

One example is Brian Armstrong (CEO of Coinbase), who urged Massachusetts residents to vote for Deaton. He reminded that Senator Warren has shown an anti-crypto stance in the past years, claiming she was the one to help the SEC’s Chairman Gary Gensler to spearhead the agency and “encouraged him to (unlawfully) try and kill” the digital asset industry in America.

“Luckily, they did not succeed as we and others fought back. She is anti-freedom, thinks the government should run all financial services (similar to China), and has done enormous harm to this country,” Armstrong added.

Interestingly, his statement was highlighted by one of the wealthiest and most influential people on the planet – Elon Musk. Tesla’s CEO retweeted the post, reaping applause from pro-Ripple users. 

Hoskinson’s Support

Another well-known individual who cheers for Deaton in his contest against Senator Warren is Cardano’s founder, Charles Hoskinson. Earlier in 2024, he donated the maximum amount to support his campaign, which, according to state laws, is $3,300.

“We need people willing to take on the establishment against banks writing our laws and destroying the crypto industry,” Hoskinson stated at the time.

Despite the backing from high-profile figures, national polls show that Deaton is the underdog, collecting around 33% of the votes. Warren, on the other hand, has a massive lead with current support of over 56%.

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.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

New spot margin trading pair — HOLO/USDT!
Bitget Announcement2025/09/12 07:46
FUN drops by 32.34% within 24 hours as it faces a steep short-term downturn

- FUN plunged 32.34% in 24 hours to $0.008938, marking a 541.8% monthly loss amid prolonged bearish trends. - Technical breakdowns, elevated selling pressure, and forced liquidations highlight deteriorating market sentiment and risk-off behavior. - Analysts identify key support below $0.0080 as critical, with bearish momentum confirmed by RSI (<30) and MACD indicators. - A trend-following backtest strategy proposes short positions based on technical signals to capitalize on extended downward trajectories.

Bitget-RWA2025/09/12 06:14
OPEN has dropped by 189.51% within 24 hours during a significant market pullback

- OPEN's price plummeted 189.51% in 24 hours to $0.8907, marking its largest intraday decline in history. - The token fell 3793.63% over 7 days, matching identical monthly and yearly declines, signaling severe bearish momentum. - Technical analysts cite broken support levels and lack of bullish catalysts as key drivers of the sustained sell-off. - Absence of stabilizing volume or reversal patterns leaves the market vulnerable to further downward pressure.

Bitget-RWA2025/09/12 06:14
New spot margin trading pair — LINEA/USDT!
Bitget Announcement2025/09/11 10:04

Trending news

More
1
New spot margin trading pair — HOLO/USDT!
2
FUN drops by 32.34% within 24 hours as it faces a steep short-term downturn

Crypto prices

More
Bitcoin
Bitcoin
BTC
$115,376.57
-0.44%
Ethereum
Ethereum
ETH
$4,592.9
-2.24%
XRP
XRP
XRP
$3.02
-4.02%
Tether USDt
Tether USDt
USDT
$1
-0.00%
Solana
Solana
SOL
$242.72
+0.81%
BNB
BNB
BNB
$924.89
-1.40%
USDC
USDC
USDC
$0.9996
-0.03%
Dogecoin
Dogecoin
DOGE
$0.2753
-8.39%
TRON
TRON
TRX
$0.3474
-1.05%
Cardano
Cardano
ADA
$0.8845
-6.39%
How to sell PI
Bitget lists PI – Buy or sell PI quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now
Trade smarter