Pro-crypto lawyer considers Senate bid against Elizabeth Warren
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Senator Elizabeth Warren, D-Mass., may be close to drawing a crypto-friendly political challenger. The Boston Globe reports that John Deaton is weighing a bid for the Massachusetts Republican Party’s nomination for US Senate. Warren is seeking a third term in office, having won her seat in 2012, and will face voters this November. The Globe cited comment from Jim Conroy, a Massachusetts Republican political operative, who said that Deaton is giving a possible run a “serious look.” Deaton is the founder and host of CryptoLaw, which according to its website is a “clearinghouse of information, news and analysis on key US legal and regulatory developments for digital asset holders.” In a series of blog posts, Deaton has attacked the US government’s approach to crypto oversight, with particular ire aimed at the Securities and Exchange Commission under Chairman Gary Gensler. Read more: Senator Warren: SEC is ‘wrong on the law’ approving bitcoin ETFs Deaton previously filed an amicus brief on behalf of retail holders of XRP in the SEC’s long-running lawsuit against Ripple. Following a court decision last year that was largely favorable to Ripple, Deaton wrote in a Bloomberg Law op-ed that the agency “forgot its primary mission is to protect investors.” Warren was in the news elsewhere Thursday with a report that her office had honored the 15th anniversary of Bitcoin’s launch and the network’s pseudonymous creator, Satoshi Nakamoto. This was apparently conducted through the Capitol Flag Program, an initiative allowing legislative offices to submit requests that flags be flown in honor of special events and organizations. Read more: Senator Warren says crypto firms shouldn’t partner with ex-government officials Members of the public can submit requests to their representatives for flag raises, according to the program’s official website. Warren’s website notes that flag requests may take longer at present…
Filed under: News - @ February 16, 2024 12:02 am