‘Flood of money’ from crypto Super PACs could fund potential challenger to Elizabeth Warren

Crypto skeptic Elizabeth Warren suggested interest groups could “spend any amount of money needed” to attempt to stop her and Representative Katie Porter’s Senate runs.

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Massachusetts Senator Elizabeth Warren suggested potential attacks on hers and California Representative Katie Porter’s 2024 campaigns could be funded by “corporate money” connected to crypto supporters.

In an interview with Pod Save America released on Feb. 18, U.S. President Barack Obama’s former speechwriter Jon Favreau questioned Senator Warren on the “Republican crypto enthusiast” John Deaton, who was considering challenging the Massachusetts senator for her seat in the 2024 election. Senator Warren, an outspoken skeptic who has often linked digital assets with illicit activities, suggested “corporatists” could attempt to “spend any amount of money needed” to back challengers to her and Representative Porter.

“Your push to regulate [crypto] has seemingly attracted a potential challenger to you in your Senate race,” said Favreau. “That could mean a flood of money from crypto Super PACs [Political Action Committees] like the one attacking Katie Porter here in California’s Senate race.”

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