Crypto Lawyer: Senator Warren Supports Federal Agencies Unconstitutionally Expanding Their Jurisdiction Without Congressional Authorization
Crypto lawyer John E Deaton said in a social media post that Senator Warren does not respect or support the rule of law in the United States. Instead, she supports federal agencies unconstitutionally expanding their jurisdiction without congressional authorization.
Recently, the Court of Appeals for the District of Columbia, which oversees the SEC, ruled that the SEC's rejection of a BTC spot ETF was arbitrary and capricious. The ruling effectively forced the SEC to approve a spot ETF. In other words, it is the law of the land.
However, after the ruling, Elizabeth Warren encouraged Gary Gensler to ignore the court's ruling and reject the spot ETF. For those who advocate the opposite view, this is a disrespect for the rule of law.