2 recorded changes
Want your article here?
Promote with Leviathan NewsDL News reports that Senator Elizabeth Warren is using recent political spending by prominent crypto industry figures to rally donors as her 2026 Massachusetts Senate race tightens. The immediate trigger is a move by Gemini co-founders Tyler and Cameron Winklevoss, who each donated $500,000 in Bitcoin (for a total of $1 million) to the Commonwealth Unity Fund, a new super PAC backing Republican challenger and pro-crypto lawyer John Deaton in an effort to unseat Warren. The donations follow earlier large Bitcoin contributions by the twins to Donald Trump’s presidential bid and come alongside a $1 million contribution from Ripple to the same pro-Deaton PAC. Warren is framing these interventions as evidence that “crypto bosses” are bankrolling attack ads to defeat one of the Senate’s most vocal crypto skeptics. The confrontation reflects a larger, long-running clash between Warren and parts of the digital asset industry over regulation and financial risk. Warren has built a record as a leading critic of cryptocurrencies, warning about volatility, fraud, systemic risk, and use in illicit finance, and pressing agencies such as the SEC and OCC to take a tougher line on digital asset products, bank charters and retirement plan exposure. The Winklevoss and Ripple-backed spending on Deaton’s behalf underscores how crypto-aligned donors and super PACs are increasingly targeting high-profile policymakers they view as hostile to the sector, turning Warren’s re‑election contest into a high-visibility proxy battle over the future direction of U.S. crypto regulation and political influence.
AI-generated background, compiled from web sources — not editorial content.
🚀 Love DeFi? Ready to dive in and start earning $SQUID while making an impact?