Ripple's CTO, David Schwartz, has donated XRP to support John Deaton's U.S. Senate campaign. Deaton, a prominent attorney in the XRP community, has been vocal in his support for Ripple in its legal battle with the SEC. He announced that his campaign will rely on small individual donations, rejecting funds from political action committees or lobbyists. Deaton previously ran against Senator Elizabeth Warren in 2024 but was unsuccessful. The cryptocurrency industry is ramping up its political investments, with reports indicating increased spending by pro-crypto PACs like "Fairshake," which has invested $28 million in recent primaries. Despite this financial backing, U.S. voter sentiment towards the crypto industry remains cautious, highlighting the challenge candidates face in converting industry support into electoral success.
Ripple CTO Donates XRP to Senate Candidate John Deaton
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