John Deaton, a pro-Ripple (XRP) attorney, shared a video featuring Jon Stewart criticizing uncontrolled Pentagon spending. Deaton argues that DOGE is essential for transparency.
Pentagon Spending Criticism
American comedian Jon Stewart highlighted the disconnect between the Pentagon's budget and conditions for service members. 'We got out of 20 years of war, and the Pentagon got a raise,' Stewart remarked. John Deaton quoted this video stressing the issue of such expenditures.
Legal Conflicts with SEC
Deaton also criticized ongoing SEC legal cases against crypto firms including Dragonchain, accusing the agency of excessive aggression and intimidation tactics towards entrepreneurs.
SEC Leadership Changes
With SEC Chair Gary Gensler's departure, the agency is expected to undergo policy changes. John Reed Stark criticized Gensler's approach and predicts that new leadership may shift the course in cryptocurrency policy.
John Deaton's criticism of government spending and SEC's legal actions highlights his stance on the need for transparency and fairness in the economy and jurisdiction.
