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Former U.S. Marine, prominent attorney John E. Deaton running for U.S. Senate, the state of Massachusetts. Deaton, who has about 80% of his wealth in Bitcoin (BTC), is seeking to oust Senator Elizabeth Warren, one of the more vocal critics of the cryptocurrency industry, after her pledge to organize an anti-crypto army has inspired Deaton’s run to become a proponent of digital assets.
Apart from BTC, Deaton has invested in large cap cryptos such as Ethereum (ETH), Solana (SOL), and Ripple (XRP). As a matter of fact, the lawyer had been an active player in the world of digital money since he represented 76,000 XRP holders in court in a high-profile lawsuit against the U.S. Securities and Exchange Commission. This earned him the nickname of a “crypto-lawyer.”
Deaton’s legal career was focused almost entirely on asbestos litigation, making his move into crypto advocacy a dramatic pivot. If successful, his run for the Senate could be yet another indication of how the power of cryptocurrency is affecting politics and potentially changing the digital currency legislative game.
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