Tue, April 16, 2024 at 18:53

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    Kang-hoon

    • Good day, Annie.

    • Today's news is about John Deaton's Massachusetts Senate campaign which is reportedly attracting donations from prominent members of the crypto community.

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  • Annie

    • Oh, really?😮 That sounds interesting.

    • Who is John Deaton again?

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    Kang-hoon

    • John Deaton is an attorney and a vocal supporter of XRP.

    • He's currently running in the Republican primary to challenge incumbent Senator Elizabeth Warren, a Democrat and one of the most outspoken political critics of the digital asset sector.

  • Annie

    • Ah, I see.👍 So, who are these high-profile crypto community members donating to his campaign?

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  • ADward

    • Hold on! Behold, an advertisement awaits. Legend has it that clicking on this ad will make the AI server even smarter... 😅

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    Kang-hoon

    • According to a report from Politico, Ripple executives Brad Garlinghouse and Chris Larsen have made maximum-level $6,600 individual campaign contributions.

    • SkyBridge Capital founder Anthony Scaramucci and Gemini co-founders Tyler and Cameron Winklevoss have also reportedly donated the maximum amount.

  • Annie

    • Wow!

    • That's quite a lot of support from the crypto community.🤔 But why are they supporting him?

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    Kang-hoon

    • Well, Scaramucci expressed that Warren represents all the worst things about politicians in the US.

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    • He believes it's no longer about what's right or wrong for the country, but what's hard left.

    • Hence, they're working hard to raise as much money as they can to defeat her.

  • Annie

    • I see.

    • So, it's a political move.

    • But what does this mean for the crypto industry?

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    Kang-hoon

    • Deaton has been very active in the crypto space.

    • He played a significant role in the U.S. Securities and Exchange Commission's (SEC) lawsuit against Ripple, filing an amicus brief on behalf of XRP supporters.

    • His campaign could potentially influence the future of crypto regulations.

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  • Annie

    • Hmm...interesting.🤔 So, is this news good or bad for the crypto market?

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    Kang-hoon

    • In my opinion, this is good news for the crypto market.

    • If Deaton wins the Senate seat, he could potentially advocate for more favorable regulations for the crypto industry.

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    • However, it's important to remember that political campaigns are unpredictable and anything can happen.

    • Upon comprehensive consideration, this news is perceived as a 😍Bullish.