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XRP Lawyer Keeps 80% Holdings in Bitcoin, Rest In These Altcoins
The post XRP Lawyer Keeps 80% Holdings in Bitcoin, Rest In These Altcoins appeared on BitcoinEthereumNews.com. John E. Deaton, the famed XRP lawyer and a senatorial candidate for Massachusetts, has allegedly sunk as much as 80% of his assets into Bitcoin (BTC). Deaton, a US Marine Corps veteran and lawyer, is in a contest against current Senator Elizabeth Warren. His financial filings show he owns many cryptocurrencies, such as Ethereum, Solana, and Ripple (XRP). John Deaton’s senatorial campaign is on the rise and has the support of famous people from the cryptocurrency community and financial support. Recall that last week, Tyler Winklevoss, Gemini’s co-founder, said he would donate $500,000 to Deaton’s campaign. Winklevoss backed this up, saying, “John Deaton is the only candidate who can effectively rebut Warren’s anti-crypto stance.” Deaton has been funded at nearly $2 million, unlike Warren, who has $18 million in her campaign fund. Apart from Winklevoss, Ripple, the company affiliated with XRP, donated $1 million to Deaton’s campaign. Coinbase, Kraken’s chief executive officer Jesse Powell, SkyBridge Capital’s Anthony Scaramucci, and Cardano’s founder Charles Hoskinson are other persons of interest. These contributions highlight the crypto community’s backing of Deaton as they believe he is a pro-business and a pro-crypto candidate. Deaton is politically quite supportive of cryptocurrency, consistent with his career choice and portfolio. He has also worked on the legal front, having defended 76,000 XRP holders in a lawsuit against the SEC and is thus an active participant in the fight for cryptocurrency. John Deaton Champions Crypto in Senate Race Before his political career, John Deaton gained fame as a lawyer who mainly focused on asbestos cases. However, his role in a high-profile case against the SEC for regulating XRP has made him quite influential within the legal world of cryptocurrencies. This legal experience is in consonance with his campaign agenda, which includes relaxing the regulation of cryptocurrencies. Deaton’s candidacy comes…
The post XRP Lawyer Keeps 80% Holdings in Bitcoin, Rest In These Altcoins appeared on BitcoinEthereumNews.com.
John E. Deaton, the famed XRP lawyer and a senatorial candidate for Massachusetts, has allegedly sunk as much as 80% of his assets into Bitcoin (BTC). Deaton, a US Marine Corps veteran and lawyer, is in a contest against current Senator Elizabeth Warren. His financial filings show he owns many cryptocurrencies, such as Ethereum, Solana, and Ripple (XRP). John Deaton’s senatorial campaign is on the rise and has the support of famous people from the cryptocurrency community and financial support. Recall that last week, Tyler Winklevoss, Gemini’s co-founder, said he would donate $500,000 to Deaton’s campaign. Winklevoss backed this up, saying, “John Deaton is the only candidate who can effectively rebut Warren’s anti-crypto stance.” Deaton has been funded at nearly $2 million, unlike Warren, who has $18 million in her campaign fund. Apart from Winklevoss, Ripple, the company affiliated with XRP, donated $1 million to Deaton’s campaign. Coinbase, Kraken’s chief executive officer Jesse Powell, SkyBridge Capital’s Anthony Scaramucci, and Cardano’s founder Charles Hoskinson are other persons of interest. These contributions highlight the crypto community’s backing of Deaton as they believe he is a pro-business and a pro-crypto candidate. Deaton is politically quite supportive of cryptocurrency, consistent with his career choice and portfolio. He has also worked on the legal front, having defended 76,000 XRP holders in a lawsuit against the SEC and is thus an active participant in the fight for cryptocurrency. John Deaton Champions Crypto in Senate Race Before his political career, John Deaton gained fame as a lawyer who mainly focused on asbestos cases. However, his role in a high-profile case against the SEC for regulating XRP has made him quite influential within the legal world of cryptocurrencies. This legal experience is in consonance with his campaign agenda, which includes relaxing the regulation of cryptocurrencies. Deaton’s candidacy comes…
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