Crypto Advocate David Schwartz Loses Bid for California Governor, Eyes State Senate Seat

Pro-XRP Lawyer John Deaton Eyeing Senate Run

John Deaton, a prominent lawyer and advocate for Ripple's XRP cryptocurrency, is reportedly considering a run for the United States Senate.

According to a report from Decrypt, Deaton has been building a political team and has been meeting with potential donors and supporters in the cryptocurrency and blockchain communities.

Deaton, who has been a vocal supporter of Ripple and its XRP token, has gained a significant following online for his advocacy work. He has also been a vocal critic of the Securities and Exchange Commission (SEC), which has been investigating Ripple for allegedly violating securities laws.

If Deaton were to run for the Senate, he would likely focus on issues related to cryptocurrency and blockchain, as well as financial regulation and reform. He has already gained the support of some prominent figures in the industry, including Ripple CEO Brad Garlinghouse and XRP co-founder Chris Larsen.

It's worth noting that Deaton has not yet officially announced his candidacy, and it's unclear which state he would run in or which party he would affiliate with. However, if he were to run, he would likely face stiff competition from established politicians and political organizations.

Deaton's potential Senate run comes as the cryptocurrency and blockchain industries are gaining increasing attention and recognition from lawmakers and regulators. As the industry continues to evolve and grow, it's likely that we will see more politicians and policymakers getting involved in the space.