John Deaton cinches Republican nomination with $1.3M in crypto support
The post John Deaton cinches Republican nomination with $1.3M in crypto support appeared on BitcoinEthereumNews.com.
John Deaton came out on top in a three-way Republican primary Tuesday night, positioning the cryptocurrency advocate and attorney to take on incumbent Massachusetts Senator Elizabeth Warren in November. “Tomorrow, we begin the next phase of the campaign — an effort that will hold Elizabeth Warren accountable for her failures on the border, the unaffordable cost of supporting a family, a broken healthcare system, abandoning our ally Israel and restoring faith in our politics,” Deaton said in a statement Tuesday evening. Deaton received almost two-thirds of votes in Tuesday’s primary, latest vote counts show. He also beat his opponents when it came to funding. The Deaton campaign, as of mid-August, had raised a total of $1.7 million, $1 million of which was a loan from Deaton himself. Read more: Pro-XRP lawyer John Deaton launches bid against Elizabeth Warren Industrial engineer Robert Antonellis — who was Deaton’s runner-up in the primary with 26% of votes — had raised $46,449 for his campaign as of mid-August, per Federal Election Commission filings. About half of this amount was from a personal loan from Antonellis. Polling data for the Warren vs. Deaton race is not yet available, but Warren has historically performed well against Republican opponents. In 2012, she won her seat by defeating incumbent GOP Sen. Scott Brown with 53% of the vote. In her most recent election in 2018, she secured re-election by a 60%-36% margin against Republican Geoff Diehl. While the topic of crypto in the presidential election has so far been one-sided, the race for Massachusetts’ US Senate seat now includes two candidates with a track record in digital asset policy. Warren last session introduced the “Digital Asset Anti-Money Laundering Act Of 2022,” a bill that would reclassify crypto companies, including wallet providers and miners, as money services businesses. She…
Filed under: News - @ September 4, 2024 8:26 pm