SEC’s Case Against Ripple is an attack on Financial Freedom: John E. Deaton

• John E. Deaton has decried the increasing government intrusion into the private lives of American citizens.
• According to Deaton, unconstitutional expansion of authority by federal agencies is aided by Congress abdicating its responsibilities.
• Deaton noted that the fact that the SEC dropped the charges against Ripple’s executives tells a lot.

John E. Deaton, a renowned crypto lawyer, has decried the increasing government intrusion into the private lives of American citizens. Deaton’s lengthy post on X (formerly Twitter) explained what he believes is an unconstitutional expansion of authority by federal agencies, enabled by Congress abdicating its responsibilities.

According to Deaton, the U.S. Securities and Exchange Commission (SEC) is a prime example of gross government overreach. However, he noted…

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