John Deaton, a lawyer who advocates for XRP holders and ran towards Massachusetts Senator Elizabeth Warren in the 2024 US election, is making one other bid for Congress.
At a Monday occasion in Worcester, Massachusetts, Deaton announced that he would run for US Senate once more in 2026, this time making an attempt to unseat Democratic Senator Ed Markey. The lawyer ran because the Republican candidate in 2024, losing to Warren, a Democrat, by about 700,000 votes.
“I’m profitable this time,” Deaton mentioned in a marketing campaign video aired on the Worcester occasion.
Deaton, who mentioned he’ll run as a Republican to unseat Markey, will doubtless face competitors on either side of the aisle in 2026. His marketing campaign announcement didn’t particularly deal with digital asset coverage, however he and Warren had beforehand clashed over their respective views on crypto.
Associated: XRP Army made a difference in Ripple’s SEC lawsuit: Crypto lawyer
Deaton gained widespread recognition in the crypto business by advocating on behalf of XRP (XRP) holders in Ripple Labs’ authorized battle with the US Securities and Trade Fee (SEC).
Seth Moulton, who represents Massachusetts’s sixth Congressional District in the US Home of Representatives, is a Democratic contender in the 2026 race. Markey, who can be 80 subsequent 12 months, voted towards the passage of the GENIUS stablecoin invoice and has called out crypto mining for its “extravagant electrical energy use.”
a repeat of 2024?
“We’re by no means going to not be enthusiastic about somebody advocating for [crypto] coverage,” Mason Lynaugh, neighborhood director of Stand With Crypto, advised Cointelegraph. “He’s going to have his personal voters he’s going to domesticate which might be very excited to see somebody like him saying most of these issues publicly.”
It’s unclear what Deaton’s probabilities can be in a US state that usually swings to the Democrats.
Throughout his earlier Senate marketing campaign, cryptocurrency executives from Ripple, Gemini and Kraken supported Deaton’s run, contributing more than $360,000 in the primary quarter of 2024.
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