The @SEC_Enforcement is in utter disarray. As many know, Acting Chairwoman Alison Herren Lee published her directive that conditional settlement offers would no longer be considered when negotiating potential settlements. The next day, @HesterPeirce and Elad Roisman published
a letter publicly disagreeing with Herren Lee and arguing that conditional settlement offers are necessary in achieving fair and adequate resolutions.

Recently, the public received a Risk Alert published by the @SEC_News. For those that didn’t et a chance to review the Risk
Alert, I have included my scathing review. The bottom line is that Gary Gensler is, arguably, the most important SEC Chairman appointment in U.S. history. He is walking into a publicly divided Commission. His predecessor, Jay Clayton, dropped the most significant SEC enforcement
case in history in Gensler’s lap with SEC vs @Ripple.

@RobinhoodApp, $GME, #Bitcoin and Digital Currencies along with CBDCs are discussed almost everyday on #CNBC and other financial channels.

I will be forwarding questions to the Senator’s legal staff tomorrow. You have time

• • •

Missing some Tweet in this thread? You can try to force a refresh
 

Keep Current with John E Deaton

John E Deaton Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @JohnEDeaton1

1 Mar
CRYPTOCURRENCY AND DIGITAL ASSET HOLDERS PLEASE BE ADVISED

Today, I am launching CryptoLaw (crypto-law.us)  The new site is filled with information, news and analysis on key U.S. legal and regulatory developments for investors & digital asset holders.  

Many of you
have asked me if there is anything that you can do to support my efforts. First and foremost, I truly appreciate everyone of you that have made such generous offers to assist me.

If you could please check out CryptoLaw above and follow us on Twitter at @CryptoLawUS it would
make a significant contribution in generating attention to our cause. We launched today because of the confirmation hearing of Gary Gensler tomorrow. There is very little communication between the Digital Asset Industry and the law-makers that govern the industry.
Read 5 tweets
1 Mar
It’s inevitable.

Anyone who truly believes in Digital Assets and what the space potentially represents for a revolutionary future should want #Bitcoin to succeed (even if you despise #BTC). #BTC has found it’s purpose.

It being considered the greatest
SOV today, a hedge against the debasement of fiat currency, and accepted as #DigitalGold, is officially the #Bitcoin purpose.

@rogerkver can definitely argue that #BTH is much closer to the Satoshi White Paper than #BTC

#BTC proponents argue that #BTC is better at being #gold
than #gold is at being #gold.

#XRP proponents argue that #XRP is better at being #BTC than #BTC is at being #BTC

But the more traditional money managers, that adopt the #Bitcoin Thesis, the more eyeballs look to other projects and other Digital Assets.
Read 4 tweets
28 Feb
#XRPHOLDERS vs. U.S. SECURITIES & EXCHANGE COMMISSION

NOTICE OF PENDING LEGAL ACTION

#XRPCOMMUNITY PLEASE FORWARD TO ANY #XRPHOLDER WHO OWNS #XRP AND WISHES TO JOIN IN THE CLASS ACTION LAWSUIT TO BE FILED AGAINST THE SEC

Please be advised that, after I file the lawsuit
I must demonstrate to the Court that I am able to notify the potential members of the class in order to have the case be certified as a class action lawsuit. Pursuant to the Federal Rules:

“The notice may be by one or more of the following: United States mail, electronic means,
or other appropriate means.”

One viable means today is the use of social media. Obviously, Twitter is not going to serve as the only means of communicating to potential members of the class action. But it definitely serves as a good starting point. There are other means
Read 17 tweets
27 Feb
WHY THE SEC v. RIPPLE CASE IS THE MOST SIGNIFICANT @SEC_Enforcement CASE IN MODERN HISTORY: Part 4

THE ⛔️ WARNINGS ⛔️ THAT I’VE TWEETED REGARDING AN OVERREACHING GOVERNMENT HAVE COME TRUE

THE SEC HAS JUST PUT THE ENTIRE CRYPTO COMMUNITY AND DIGITAL ASSET SPACE ON NOTICE
I’ve warned the #Bitcoin Maxis that not even the King 👑 of Crypto #BTC is safe from an out of controlled scared government. I share the views of @RaoulGMI and others about ending the Crypto Tribalism that permeates the Digital Asset industry. A united crypto community is
necessary to withstand the attacks from the outside world, especially from government. Many of you saw my immediate reaction when @HesterPeirce tweeted the 🚨 RISK ALERT 🚨 above and requested feedback. After reviewing it more carefully, I was hoping to find something positive.
Read 23 tweets
24 Feb
Below is the theory that Clayton, on his way out of the door at the @SEC_Enforcement, sent a big f**k you to @Ripple @bgarlinghouse and @chrislarsensf because he was sick and tired of the reach that Ripple had with important Politicians. Ripple got the attention of Senators,
Congressmen, and National Security Advisors. I’ve personally been involved with and witnessed how you get the attention of Politicians: 💰

According to @Cointelegraph, “Ripple Labs spent $690,000 on lobbying in the United States in 2020. Ripple's lobbying program dwarfed those
of other firms in the crypto industry. Coinbase, which looks to become the first American crypto exchange to issue public shares, spent $230,000 over the same year, while other exchanges like @binance @Gemini and @krakenfx . did not report any spending on lobbying.”
Read 4 tweets
23 Feb
SEC vs. RIPPLE: WHY?

Based on the recent revelations coming from the PreTrial Hearing articulated by @XRPcryptowolf, I intend to repost my Tweet Threads discussing the possible corrupt motives behind Jay Clayton authorizing the @SEC_Enforcement action against @Ripple,
@bgarlinghouse and @chrislarsensf.

Please understand that the possible alternative corrupt motives that I discuss isn’t me just Tweeting things that people want to hear or for attention - as a few have claimed. The corrupt alternative motives I discuss in my tweets are actually
contained in my Petition for Writ of Mandamus and Memorandum of Support that I
FILED IN FEDERAL COURT.

So, to my critics, I’m not tweeting or saying anything that I’m not willing to say ON THE RECORD in OPEN COURT to a federal judge.
Read 16 tweets

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!

Follow Us on Twitter!