Coinbase CEO Brian Armstrong and billionaire Elon Musk have thrown their support behind pro-crypto attorney John Deaton in his campaign to unseat Senator Elizabeth Warren in Massachusetts. Armstrong criticized Warren for her role in appointing SEC Chair Gary Gensler and her efforts to stifle the crypto industry in the US. Musk also voiced his endorsement of Deaton, aligning with his pro-crypto stance and support for other crypto-friendly figures.
Deaton’s Senate campaign has garnered a wave of support from various prominent figures in the crypto world. Ripple contributed $1 million to Deaton’s campaign through a political action committee, and Gemini co-founder Tyler Winklevoss urged voters in Massachusetts to support Deaton. Other figures such as Cardano founder Charles Hoskinson and Ripple CEO Brad Garlinghouse have also endorsed Deaton as a key player in defending the crypto industry against Warren’s opposition.
Deaton has built a strong reputation for his involvement with Ripple XRP and positioning himself as a staunch defender of the crypto sector. Despite Warren’s criticism of his ties to the crypto industry, Deaton has garnered significant support from within the industry. However, recent polls still show Warren leading Deaton, highlighting the challenges he faces in unseating a prominent figure like Warren.
Armstrong’s and Musk’s endorsements further bolster Deaton’s campaign, highlighting the growing support for his pro-crypto stance and his position as a defender of the industry. Warren’s history of opposing crypto has made Deaton the preferred candidate for many within the crypto community, despite facing an uphill battle in polls against Warren.
As the race heats up in Massachusetts, Deaton’s campaign continues to gain momentum with support from influential figures like Armstrong and Musk. The support from these high-profile individuals underscores the importance of Deaton’s candidacy in defending the crypto industry from what many perceive as Warren’s anti-crypto agenda. With the backing of key players in the industry, Deaton remains a strong contender in the race against Warren.