Source: Cryptopolitan
Key Points:
- In opposition to Senator Elizabeth Warren, Ripple CEO Brad Garlinghouse supports pro-XRP attorney John Deaton.
- Together with Elon Musk, Deaton challenges Warren’s theories about inflation, blaming it on governmental actions.
- Leaders in the cryptocurrency space support Deaton, highlighting his protection of innovation and rights in the face of regulatory pressure.
Pro-crypto attorney John Deaton, who is running against US Senator Elizabeth Warren, is regaining the backing of important figures in the inflation sector. Brad Garlinghouse, the CEO of Ripple, is the most recent addition to this list. In any case, Deaton has played a critical part in the extended fight between the Securities and Trade Commission (SEC) and Ripple.
Ripple CEO Brad Garlinghouse Supports John Deaton’s Campaign
Garlinghouse recently posted a link to Deaton’s campaign webpage on X, formerly twitter. He requested financial contributions for the campaign. Garlinghouse also asked people to vote for Deaton if they reside in Massachusetts. Garlinghouse claims that Deaton is far more qualified for the position than Warren and is a real warrior for the entire crypto business.
The Ripple CEO’s endorsement comes amid an ongoing fight between crypto enthusiasts and politicians, with Warren representing the latter.
John Deaton is elevating his political ambitions by representing XRP holders in the lawsuit against the SEC. He wants to use more political engagement to refute Warren’s stance on regulating cryptocurrencies.
Deaton and Musk Criticize Warren’s Inflation Claims
Source: www.familyactionnetwork.net
Senator Elizabeth Warren of Massachusetts voiced her displeasure earlier this week over inflation, price increases, and her efforts to reduce corporate costs. John Deaton, a lawyer who supports XRP, responded by saying that the Biden administration is to blame for this inflation.
Over the past four years, the government has printed 80% of all US dollars. According to Deaton, this is a major factor in the fact that inflation reached its greatest level in forty years.
Elon Musk, a tech entrepreneur, later defended Deaton and reprimanded Senator Warren for her inaccurate inflation reporting. In the past, Musk has also cautioned that the US may practically go bankrupt if government expenditures are not drastically cut.
John Deaton, who owns 80% of his wealth in Bitcoin, has been a vocal supporter of cryptocurrencies. He claimed that, similar to Apple Inc. in the 1980s, cryptocurrency offers enormous potential to individual investors.
