Senator Elizabeth Warren (D-MA) secured re-election to the U.S. Senate on Tuesday evening, defeating Republican opponent John Deaton in a race widely seen as a referendum on crypto regulation and financial reform, according to major news outlets.
Warren, who serves on both the Senate Finance and Banking committees, secured her fourth term after heated debates over digital asset oversight.
Warren has secured 74%, or 115,000 votes, as of 8:55 pm ET— a massive lead on Deaton’s 26%, or 41,600 votes, according to the latest results from the Associated Press.
The race drew significant attention from the crypto industry, with Deaton receiving substantial industry support, including a $1 million donation to his super PAC from Ripple Labs.
During their October debate, Warren repeatedly highlighted Deaton’s crypto connections, claiming that 90% of his campaign funding came from the industry and that 80% of his personal worth was tied to digital assets, despite these being properly documented and disclosed.
Deaton, known for his advoca
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Author: Decrypt Staff
