The Commonwealth Unity Fund PAC has allocated over $600,000 to support Republican candidate John Deaton in the US Senate race.
Support for John Deaton
According to Federal Election Commission (FEC) records filed on Sept. 6, Commonwealth spent roughly $330,000 on media buys opposing Democratic incumbent Elizabeth Warren in the Massachusetts US Senate race. The Super PAC also spent the same amount on a media placement supporting Deaton. This media buy marked one of the first significant expenditures from a crypto-backed Super PAC since Deaton won the Republican nomination for the US Senate race on Sept. 3.
Criticism from Sen. Warren
As a Senator from Massachusetts, Warren has openly criticized cryptocurrency during congressional hearings, associating it with illicit activities, including money laundering and drug trafficking. However, many Democrats are rallying to push back on this narrative in an election year in an attempt to support presidential candidate and Vice President Kamala Harris.
Developments
Since Deaton's primary victory, Sen. Warren's campaign released a statement agreeing to two debates in October. However, the Republican candidate has been pushing for five debates. At the time of publication, it's unclear if or when these debates could happen.
The situation surrounding the Massachusetts US Senate race is heating up, and support from the crypto industry is significantly impacting the campaigns of both sides.
Comments