Crypto-Loving Lawyer Eyes Run Against Sen. Elizabeth Warren
John Deaton would be a long-shot opponent, but Warren would rather not be fighting off a challenge in 2024.
Tom Williams/CQ-Roll Call, Inc via Getty
Sen. Elizabeth Warren (D-MA), a fierce crypto skeptic, could be facing a challenge from a Republican cryptocurrency lawyer. The Boston Globe reports that John Deaton, an ex-Marine who runs the website Crypto Law, is seriously eyeing a run against the pro-regulation former presidential candidate. The Globe notes that Warren—in the Senate since 2013—is the heavy favorite to win in blue Massachusetts and has almost $4 million to spend in her war chest. But fending off a bona fide GOP opponent could stop her from campaigning for Democratic candidates and causes elsewhere. Deaton’s potential candidacy is also the latest sign that crypto could be a significant interest and influence in the 2024 election. His Rhode Island-based law practice is focused on asbestos victims, but he began investing in crypto in 2017 and later represented some 75,000 investors in a currency called XRP in a suit against the Securities and Exchange Commission.
Register below to read this article for free or subscribe
to unlock unlimited access to The Daily Beast.
Monthly
$1
First month then $5.99/month
Annual
$35
First year then $59.99/year
Premium
$79
First year then $119.99/year
*Substack access provided by the next business day, using your subscription email. Choosing the Premium plan constitutes your permission to share your subscription email with Substack and your agreement to Substack’s Privacy Policy.
Already have an account? Sign In
Looks like you already have a subscription!
You're all set!
Thanks for subscribing.