John Deaton, a lawyer who has advocated for the crypto industry, announced on Feb. 20 a Senate campaign to replace incumbent Massachusetts Senator Elizabeth Warren in the forthcoming elections this year.
Deaton’s Bold Move To Challenge Warren
John Deaton announced his Republican Senate run on the X (formerly known as Twitter) platform on Tuesday.
In the campaign video, Deaton, 56, said he would be focused on “taking on the Washington elites”, contending that Democrat Sen. Elizabeth Warren, 74, “gets nothing done” for Massachusetts despite promising she would be a champion for those in need.
“I am running for U.S. Senate to continue my life’s mission to shake things up for the people who need it most,” Deaton posited.
Deaton has been a vocal supporter of cryptocurrencies and is behind the CryptoLaw website, which often posts about legal and regulatory developments in the crypto space. He has also played key roles in crypto lawsuits, such as filing an amicus brief in 2021 on behalf of 75,000 XRP holders in the U.S. Securities and Exchange Commission’s lawsuit against Ripple, CEO Brad Garlinghouse, and executive chairman Chris Larsen.
Deaton has frequently called out both Senator Warren and the SEC for their heavyhanded approach towards crypto. He accused Warren and her allies such as JPMorgan CEO Jamie Dimon, of creating a campaign aimed at consolidating support for a central bank digital currency (CBDC) by slandering decentralized cryptocurrencies, thus centralizing financial power.
“This is ALL being coordinated by @ewarren and her anti-crypto army, being co-chaired by Jamie Dimon. They want to introduce a CBDC controlled by the Federal Reserve, in conjunction with the Big Banks. She is using her campaign for reelection as a way to create and control the anti-crypto narrative,” Deaton said in a statement on his campaign website.
If elected in November, the crypto lawyer promised to take on the insurance industry and drug companies for affordable healthcare for all Massachusetts citizens, combat inflation, solve the immigration crisis, create better opportunities for children, and fight corruption in Washington.
But for Deaton to challenge Warren for her seat in Congress, he must first win the GOP nomination, where roughly four other contenders have already announced their intentions to run against Warren. Massachusetts Republicans and Democrats are set to hold their U.S. Senate primaries on 3rd September 2024.
As per Fox journalist Eleanor Terrett, Deaton’s campaign will soon start accepting campaign donations via Coinbase.
Deaton’s Hardscrabble Upbringing
The Tuesday video also highlights Deaton’s rough background and his life achievements.
Born and raised in Detroit’s Highland Park neighborhood, Deaton grew up in a poor household where his mother struggled to put food on the table, but he eventually fought his way to becoming the only graduate in his family. He served in the U.S. Marine Corps after graduating from the New England School of Law.
Deaton also highlighted some of the struggles he had to overcome, including addiction, cancer, and mountains of debt. He was diagnosed with testicular cancer while studying at Eastern Michigan University and had to undergo treatment while still pursuing his degree.
Deaton promised to “work day and night to make a difference” in the lives of the people of Massachusetts because he believes he knows their struggles as “he has lived them.” Moreover, he indicated that he has no fear and will never give up on fighting for what is right.