The Commonwealth Unity Fund: A Political Support for XRP Advocates
The Commonwealth Unity Fund, established by lawyer James Murphy, is a political action committee (PAC) with a focus on promoting interests in the cryptocurrency field. Supported by Ripple, the fund received a generous $50,000 donation to aid in the political campaign of John Deaton, a prominent advocate for XRP holders running for senator in Massachusetts.
Support for Opponents of Anti-Cryptocurrency Policies
John Deaton’s campaign, backed by notable figures in the crypto industry, is gaining traction as a potential counterforce to politicians like Senator Elizabeth Warren, known for her resistance towards cryptocurrencies. Ripple CEOs Brad Garlinghouse and Chris Larsen, as well as Cardano founder Charles Hoskinson, have made significant contributions to support Deaton’s campaign and strengthen the fight against regulatory challenges.
John Deaton: Defender of Cryptocurrency Interests
John Deaton, a former US Marine and prominent lawyer, has played a key role in protecting cryptocurrency interests, particularly in the legal battle between Ripple and the SEC. His contributions have been recognized with awards, demonstrating his influence and significance in the field. With a campaign that has raised over $1.26 million, Deaton continues to be a leading advocate for the crypto industry.
