Pro-Crypto Lawyer John Deaton Challenges Sen. Markey in Massachusetts

Republican attorney John Deaton has launched his second bid for the U.S. Senate in Massachusetts, this time challenging Democratic incumbent Ed Markey in the 2026 mid-term elections. The pro-crypto lawyer, who previously lost to Elizabeth Warren by a significant margin, is dramatically shifting his campaign focus from cryptocurrency advocacy to economic issues affecting working families, though he continues to accept campaign donations in multiple digital assets including Bitcoin, Ethereum, and various altcoins.

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Pro-Crypto Lawyer Deaton Challenges Sen. Markey in 2026

Pro-XRP attorney John Deaton has launched his second U.S. Senate campaign, this time targeting Democratic Senator Ed Markey in Massachusetts’ 2026 election. The Republican candidate, who gained national attention during his unsuccessful 2024 challenge against Elizabeth Warren, is running with diminished focus on cryptocurrency policy despite accepting crypto donations including Bitcoin, Ethereum, Solana, XRP, and meme coins. His campaign faces significant hurdles in the traditionally Democratic state, where he lost to Warren by nearly 20 percentage points in his previous bid.

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John Deaton Announces 2026 Senate Bid Against Ed Markey

Crypto advocate and attorney John Deaton has officially launched his second campaign for US Senate, this time targeting Democratic incumbent Ed Markey in the 2026 Massachusetts election. The XRP-focused lawyer, who previously challenged Senator Elizabeth Warren in 2024 and lost by approximately 700,000 votes, announced his renewed political ambitions at a Worcester event, declaring “I’m winning this time.” Deaton’s campaign announcement emphasized cost-of-living issues and his personal background while signaling continued political engagement from the digital assets community in federal policymaking.

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Trump Defends CZ Pardon, Denies Knowing Binance Founder

Former President Donald Trump has ignited a political and legal firestorm by pardoning Binance founder Changpeng Zhao while simultaneously claiming no personal knowledge of the cryptocurrency executive. In a controversial 60 Minutes interview, Trump defended his decision by characterizing the case against Zhao as a “Biden witch hunt” and citing his sons’ involvement in the crypto industry, creating a perfect storm of ethical questions, political backlash, and legal confrontation with Senator Elizabeth Warren.

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Trump Defends CZ Pardon in 60 Minutes Crypto Interview

In his first 60 Minutes interview in five years, former President Donald Trump defended his controversial pardon of Binance founder Changpeng ‘CZ’ Zhao, claiming no personal knowledge of the crypto billionaire while describing the prosecution as a ‘Biden witch hunt.’ The CBS segment revealed Trump’s broader crypto agenda to maintain U.S. dominance against global competitors, even as he faced pointed questions about Binance’s $2 billion transaction involving his family’s World Liberty Financial stablecoin and mounting Democratic scrutiny over potential conflicts of interest.

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BNB Ownership Widely Dispersed, CZ Holds Under 1%

Blockchain analytics firm YZi Labs reveals that Binance Coin ownership has become significantly decentralized, with two-thirds of supply held by public participants. Founder Changpeng ‘CZ’ Zhao personally controls less than 1% of BNB tokens, while the foundation and treasury maintain smaller strategic reserves, marking a notable shift toward broader network participation and transparency.

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Senator Accuses Binance of Corruption in Trump Pardon Deal

Democratic Senator Chris Murphy has launched explosive allegations that cryptocurrency exchange Binance engaged in a corrupt quid pro quo arrangement, facilitating Trump’s crypto ventures in exchange for a presidential pardon for founder Changpeng Zhao. The accusations emerged after Binance US listed Trump’s USD1 stablecoin just one week following Zhao’s pardon for money laundering violations, triggering a political firestorm in Washington and condemnation from prominent Democrats who view the pardon as evidence of systemic corruption.

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Crypto Slumps After Fed Rate Cut, Trump-Xi Meeting

Major cryptocurrencies faced significant selling pressure Wednesday as the Federal Reserve’s mixed signals on future rate cuts rattled investors. Bitcoin and Ethereum both fell 3% following the central bank’s decision to cut rates by 25 basis points while indicating that further reductions in 2025 are far from certain. The market downturn coincided with growing institutional interest in blockchain infrastructure and escalating regulatory tensions over cryptocurrency inclusion in retirement accounts.

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Warren, Sanders Warn Trump Crypto 401(k) Plan Risks Retirement

Progressive senators Elizabeth Warren and Bernie Sanders are leading a coalition warning that Trump administration policies encouraging 401(k) investments in cryptocurrency could endanger Americans’ retirement security. In a letter to financial regulators, they called the moves ‘dangerous’ and raised concerns about potential conflicts of interest. The senators demand answers about risk assessments and potential Trump family profits.

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CZ Considers Libel Suit Against Warren Over Trump Pardon Claims

Former Binance CEO Changpeng “CZ” Zhao is preparing to file a libel lawsuit against Senator Elizabeth Warren over her explosive claims that he bribed former President Donald Trump for a presidential pardon. The potential legal action, confirmed by Zhao’s attorney Teresa Goody Guillén of Baker & Hostetler, represents a dramatic escalation in tensions between cryptocurrency executives and their most vocal political critics in Washington. This development comes amid ongoing congressional scrutiny of Trump’s pardon and highlights the increasingly contentious relationship between the crypto industry and regulatory authorities.

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