Pro-XRP lawyer John E. Deaton criticized the influence of monetary contributions in American politics, particularly focusing on the role of crypto donations. His post was in response to Elon Musk's tweet about George Soros receiving the Presidential Medal of Freedom. Mario Nawfal, CEO of Bachata, stated that Soros had injected millions into various organizations and funded initiatives in the US. Deaton highlighted the case of Sam Bankman-Fried, the former CEO of FTX, who donated $70 million during the 2022 midterms. Deaton argued that these donations corrupt the democratic process. Some Democratic lawmakers, including Bernie Sanders, support Musk's proposed spending cuts plan to reduce federal spending.



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