According to CryptoPotato, pro-crypto attorney John Deaton is set to challenge Elizabeth Warren, a known critic of cryptocurrencies, in the 2024 Massachusetts Senate race. Deaton's campaign has received financial backing from Charles Hoskinson, the founder of Cardano and a prominent figure in the digital asset industry.
The 2024 election year in the United States will see the country choosing its next President and Senators. In Massachusetts, current Senator Elizabeth Warren will seek re-election, while John Deaton will challenge her. Warren has held the position since 2013 and is known for her critical stance on cryptocurrencies, calling for stringent rules and describing the asset class as a 'fourth-rate alternative to real currency.' On the other hand, Deaton is an outspoken advocate of the sector and a prominent attorney representing thousands of XRP investors in Ripple's lawsuit against the US Securities and Exchange Commission (SEC).
Deaton's campaign received a financial boost from Cardano's founder, Charles Hoskinson, who donated the maximum amount allowed by state laws, $3,300. Hoskinson stated that 'we need people willing to take on the establishment against banks writing our laws and destroying the Crypto industry.' Although Warren is an experienced politician with an established reputation, Deaton may win the trust of Massachusetts residents, as the state is among the US regions with the most crypto enthusiasts. If elected in November, Deaton has promised to work for the working and middle classes, tackle inflation, solve the migrant crisis, and help 'the little guy.'