Pro-XRP lawyer John Deaton launches bid against Elizabeth Warren

After teasing a Senate bid last week, John Deaton launched a website over the weekend


Senator Elizabeth Warren | Evan El-Amin/Shutterstock modified by Blockworks


Pro-crypto lawyer John Deaton officially launched his bid against Senator Elizabeth Warren for the Massachusetts Senate seat. 

A website promoting his campaign went live over the weekend. Deaton will run as a Republican against Warren. He also launched a Facebook page for his campaign, alleging that Warren “gets nothing done” for Massachusetts.

Deaton, who founded and hosts CryptoLaw US, is a known pro-Ripple lawyer. CryptoLaw’s website includes blog posts and a news library focused on legal and regulatory updates in crypto.

He publicly called out Warren and Gary Gensler’s Securities and Exchange Commission for their treatment of the crypto industry, while also weighing in on the SEC’s cases against Ripple, Binance and Coinbase.

Read more: Pro-crypto lawyer considers Senate bid against Elizabeth Warren

Deaton filed a motion in 2021 to intervene on behalf of thousands of XRP holders in the SEC’s case against Ripple, arguing that their interests were not being represented in the case. Deaton also owned XRP.

Deaton teased a potential senate bid back in December when he asked his 300,000 X followers if he should buy a home in Massachusetts and run for senate. 

“I’m not suggesting I would win, but how I would love to confront her,” he added at the time.

Warren is a vocal critic of crypto, previously claiming that crypto is widely used by terrorist organizations in the Middle East for funding. The claim has since been debunked by both blockchain analytics provider Elliptic and, just last week, the Treasury Department itself. 

She also called out the SEC for approving a slew of spot bitcoin ETFs in January. She said that the regulatory agency was “wrong on the law and wrong on the policy.”

Warren’s currently pushing to tighten anti-money laundering rules concerning crypto. She reintroduced her Digital Asset Anti-Money Laundering Bill in October. 19 Senators support the bill, though it’s also faced criticism for potentially stifling innovation in the industry.

Deaton told the Boston Globe that, despite his crypto past, he’s “not running on crypto.”

Don’t miss the next big story – join our free daily newsletter.


Upcoming Events

Salt Lake City, UT

WED - FRI, OCTOBER 9 - 11, 2024

Pack your bags, anon — we’re heading west! Join us in the beautiful Salt Lake City for the third installment of Permissionless. Come for the alpha, stay for the fresh air. Permissionless III promises unforgettable panels, killer networking opportunities, and mountains […]

recent research

ao cover.jpg


Arweave recently launched the testnet for AO computer, a new messaging protocol that will sit atop a PoS network and aims to become a scalable global compute platform through parallel processing and modularity.


Regulators in South Korea, Japan and Singapore could follow Hong Kong’s lead as Asia responds to spot bitcoin ETF approval in the US


Martin Grant worked with the Fed for roughly 30 years before leaving his position in 2022


BitGo CEO Mike Belshe shared his thoughts on the halving and bitcoin ETFs in an interview with Blockworks


Crypto markets were largely the only ones open over a tense weekend, and they took a beating for it


Though some expect most public miners to survive the halving, the segment’s most vulnerable could fall victim to consolidations and defaults


The US spot bitcoin fund category has notched negative net flows over the course of a week just three times since coming to market in January