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International Business Times
International Business Times
Business
Marvie Basilan

Coinbase SEC Case: Pro-Crypto GOP Senatorial Candidate Files To Become Legal Counsel

Coinbase SEC John Deaton Elizabeth Warren Crypto United States Gary Gensler Cryptocurrency SBF
John Deaton is looking to dethrone Democratic Sen. Elizabeth Warren from the seat she has held for 11 years. (Credit: John Deaton campaign website/screenshot)

KEY POINTS

  • A federal judge sided with the SEC last month, moving the case toward trial
  • Deaton previously filed to represent thousands of XRP holders in the SEC's case against Ripple
  • Deaton seeks to unseat notorious crypto critic Elizabeth Warren

John Deaton, a Republican senatorial candidate seeking to grab the Massachusetts seat from Democratic Sen. Elizabeth Warren, recently filed an amicus curiae appearance in the high-stakes legal battle filed by the U.S. Securities and Exchange Commission (SEC) against cryptocurrency exchange Coinbase.

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