Coinbase CEO Elon Musk Extends Support to John Deaton for Senate Race

John Deaton has received a lot of support recently from industry giants like Coinbase CEO Brian Armstrong and tech mogul Elon Musk. John Deaton is running for Senate in Massachusetts.
In a battle to defend the industry, Deaton is the pro-cryptocurrency rival who is directly competing with US Senator Elizabeth Warren (D-Massachusetts) for the Massachusetts seat.
In a recent post, Brian Armstrong highlighted his support for the candidate, urging Massachusetts residents to vote for Deaton in the upcoming election.
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At the time, the executive harshly criticized Warren’s anti-cryptocurrency policies, accusing her of conspiring with Gary Gensler, the chairman of the Securities and Exchange Commission (SEC), to “kill” the cryptocurrency industry in the country.
“Massachusetts residents should vote for John Deaton. Cryptocurrency holders in MA should realize Senator Elizabeth Warren is the one who gave Gary Gensler a job and encouraged him to (illegally) try to kill the crypto industry in America. Thankfully, they didn’t succeed, as we and others fought back. She is anti-freedom, believes the government should run all financial services (similar to China), and has done enormous damage to this country.”
wrote
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Elon Musk
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the publication on his official X account, writing in the caption “Yes”, also indicating his support for Deaton’s candidacy.
John Deaton Challenges Senator Warren, Highlights Cryptocurrency Investor Advocacy
Em
recent statements,
Massachusetts Senate candidate John Deaton has highlighted his active role in advocating for the interests of small cryptocurrency investors. He responded to Senator Elizabeth Warren’s questions about political support from the crypto community by claiming he has sued the government over SEC actions that have harmed these investors.
“I sued the government because the SEC did something very bad to small retail investors,” said Deaton, who has also gained recognition for his pro bono work, receiving several awards.
During the debate, Deaton emphasized the legality of the XRP token, thanks to his legal efforts. He revealed that the support he received from a cryptocurrency billionaire contributed significantly to Vice President Harris’ campaign, with the donation of millions in XRP.
Disclaimer:
The views and opinions expressed by the author, or anyone mentioned in this article, are for informational purposes only and do not constitute financial, investment or other advice. Investing or trading cryptocurrencies carries a risk of financial loss.
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Cryptos
Elon Musk
John Deaton