Charles Hoskinson, the founder of Cardano, has announced a maximum legal donation of $3,300 to John Deaton, a lawyer and crypto advocate, who is running for the United States Senate. Hoskinson’s support is aimed at Deaton’s campaign against incumbent Senator Elizabeth Warren in the US state Massachusetts. This financial backing underscores the growing political engagement of the crypto sector in legislative battles.

Cardano Founder Supports John Deaton

Hoskinson shared his decision on X, stating, “I just donated the maximum amount allowed for John Deaton in his fight against Elizabeth Warren for Senate. We need people willing to take on the establishment against banks writing our laws and destroying the Crypto industry.” This statement highlights the deepening rift between the crypto community and the Biden administration, represented by figures like Senator Warren.

Deaton, acknowledging Hoskinson’s contribution, expressed his gratitude through a reply email, emphasizing the importance of support for his campaign: “Charles, thank you for your generous contribution to my campaign for the US Senate. With your support, I am one step closer to success in November…If I could do it alone I would, but victory in November will only be possible with the help of friends like you.”

I just donated the maximum amount allowed for @DeatonforSenate in his fight against Elizabeth Warren for Senate. We need people willing to take on the establishment against banks writing our laws and destroying the Crypto industry. pic.twitter.com/tTxmghBhUH

— Charles Hoskinson (@IOHK_Charles) March 3, 2024

The political landscape for the crypto industry has been fraught with challenges, particularly with the scrutiny from regulators and lawmakers. Deato

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Author: Jake Simmons

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