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CryptoIntelligence 2024-08-12 20:57:18

XRP-Backed Crypto PAC Aiming to Unseat Elizabeth Warren

A political action committee (PAC) with donations from crypto industry players, including Ripple, has invested $850,000 in support of Republican John Deaton in the Massachusetts primary. According to Federal Election Commission (FEC) records, the Commonwealth Unity Fund Super PAC spent around $450,000 on direct mail to back Deaton on August 7, and over $500,000 on media buys on August 6. This follows the Super PAC’s earlier expenditure of more than $300,000 on media placements in July. Deaton, one of three Republicans vying for a U.S. Senate seat representing Massachusetts in 2025, has garnered significant support from the crypto industry. In

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