The Commonwealth Unity Fund, a political action committee funded largely by Gemini and the co-founders of Ripple Labs, has invested more than $600,000 in support of Republican Senate candidate John Deaton. According to Federal Election Commission (FEC) records, the super PAC spent about $330,000 on media purchases against incumbent Democratic Sen. Elizabeth Warren, while spending the same amount in support of Deaton. It is reported that Deaton, a lawyer who supports crypto companies such as Ripple, criticized the SEC and Senator Warren for over-interfering in digital assets. FEC records show that Commonwealth has raised over $2.50 million to support Deaton, while Warren has raised over $18 million for re-election since 2019. Other crypto-backed PACs such as Fairshake have also invested heavily in congressional elections.