John Deaton, a prominent lawyer and advocate for cryptocurrency and blockchain technology, is considering running for the US Senate in Massachusetts against incumbent Democrat Elizabeth Warren.
If Deaton runs, he would be Warren’s first notable Republican challenger. His prominent profile in crypto circles would offer voters a stark contrast to Warren, one of the industry’s most outspoken critics.
Deaton, 56, gained recognition by advocating for cryptocurrency holders in high-profile legal cases. In the past, he filed a brief in a lawsuit between the SEC and Ripple Labs, arguing that XRP token holders like himself should have legal standing.
Sources say Deaton has tapped consultant Jim Conroy, an architect of former MA Governor Charlie Baker’s campaigns. Conroy confirmed Deaton is seriously eyeing a Senate bid and will decide soon
Deaton would likely make crypto and blockchain regulation a signature issue. He has already attacked Warren’s skepticism of the industry, suggesting her views threaten innovation and jobs.
With bipartisan crypto legislation pending in Congress, Deaton could attempt to make it a wedge issue against the progressive Democrat.
Nonetheless, Warren enters with heavy advantages as the Democratic incumbent in left-leaning Massachusetts. Her fiery confrontations with crypto executives have earned support from consumer advocates wary of the industry. But Deaton’s unique profile and backing from the crypto community could make him Warren’s most dynamic challenger yet.
Also Read: Senator Warren Criticizes SEC Approval of Bitcoin ETFs
