John Deaton vs. Elizabeth Warren: The Senate Race That Has the Crypto Community abuzz
- WBOYOriginal
- 2024-08-15 15:32:12254browse
As the U.S. presidential election draws near, the spotlight on political contenders has intensified. Especially on the likes of prominent figures
As the U.S. presidential election draws near, the spotlight on political contenders has intensified. Especially on the likes of prominent figures like former President Donald Trump and Vice President Kamala Harris.
However, another contest worth looking at is the Senate race between John Deaton and Elizabeth Warren.
Deaton’s latest accusation
Deaton took to X to challenge Warren’s campaign team over a text message he claimed falsely portrayed his political position.
The message sent by Warren read,
“It’s Elizabeth Warren. We recently found out that a Super PAC supporting my Republican opponent (a crypto lawyer from Rhode Island recruited to run against me) raked in $2 million from three massive donations — from two crypto billionaires and one big crypto firm. It’s absolutely critical we respond to this Super PAC’s fundraising with a strong surge of support.”
In the message, Warren’s campaign criticized Deaton, labelling him as a “crypto lawyer from Rhode Island,” one backed by a super PAC. It also implied that he was brought in to challenge her.
Responding to the accusation, however, Deaton said,
“The only time I’ve been recruited to do anything in Massachusetts was to serve my country in the USMC.”
He also issued an open challenge to the Senator when he said,
“I’ll see you soon, Senator.”
Finally, Deaton pointed out that Warren’s concern stems from the fact that she’s feeling the pressure and is urgently trying to out-fund him.
Source: John Deaton/X
How did the crypto community back Deaton?
This message was well received by the community, as highlighted by Tony Edward, founder of the Thinking Crypto Podcast who said,
“Keep fighting John! She is panicking.”
Another X user- Vincent Van Code – noted,
Source: Vincent Van Code/X
What this reiterated is that Deaton’s campaign is heavily supported by the cryptocurrency sector, significantly enhancing his bid against Warren.
In fact, he has already received $1 million in Bitcoin [BTC] from Gemini co-founders Tyler and Cameron Winklevoss, along with an additional $1.26 million from a cryptocurrency-focused super PAC.
Moreover, Deaton has personally invested about 80% of his net worth in Bitcoin.
This strong financial backing is a sign of the crypto industry’s pivotal role in this campaign. It also highlights Deaton’s deep connections within the crypto community, compared to someone like Warren.
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