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John E Deaton Profile
John E Deaton

@JohnEDeaton1

Followers
383K
Following
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Statuses
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Former Candidate, U.S. Senate; Founder, CryptoLawUS; Managing Partner, Deaton Law Firm; CLA, SpendTheBits, Entrepreneur; Author; Survivor.

Bolton, MA
Joined December 2018
Don't wanna be here? Send us removal request.
@JohnEDeaton1
John E Deaton
4 months
During our debates, @ewarren⁩ lied about things I’ve openly written about in my Memoir, Food Stamp Warrior. Here’s a look at how career politicians and their lies impact the perception of public service on young people.
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@JohnEDeaton1
John E Deaton
8 hours
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@JohnEDeaton1
John E Deaton
8 hours
“I was told that there are currently over $100B/year of entitlements payments to individuals with no SSN or even a temporary ID number.” Regardless of whether you approve or disapprove of the way @DOGE is operating, if this is true, then taxpayers are victims of massive incompetence or massive fraud. Period. Also, millions of dollars to @politico, the @nytimes or any other newspaper is George Orwell’s 1984 becoming reality - the government using the press to brainwash the masses. How many times have we’ve seen videos of newsrooms across America utilizing the exact same words to spread the exact same narrative?
@elonmusk
Elon Musk
14 hours
To be clear, what the @DOGE team and @USTreasury have jointly agreed makes sense is the following: - Require that all outgoing government payments have a payment categorization code, which is necessary in order to pass financial audits. This is frequently left blank, making audits almost impossible. - All payments must also include a rationale for the payment in the comment field, which is currently left blank. Importantly, we are not yet applying ANY judgment to this rationale, but simply requiring that SOME attempt be made to explain the payment more than NOTHING! - The DO-NOT-PAY list of entities known to be fraudulent or people who are dead or are probable fronts for terrorist organizations or do not match Congressional appropriations must actually be implemented and not ignored. Also, it can currently take up to a year to get on this list, which is far too long. This list should be updated at least weekly, if not daily. The above super obvious and necessary changes are being implemented by existing, long-time career government employees, not anyone from @DOGE. It is ridiculous that these changes didn’t exist already! Yesterday, I was told that there are currently over $100B/year of entitlements payments to individuals with no SSN or even a temporary ID number. If accurate, this is extremely suspicious. When I asked if anyone at Treasury had a rough guess for what percentage of that number is unequivocal and obvious fraud, the consensus in the room was about half, so $50B/year or $1B/week!! This is utterly insane and must be addressed immediately.
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@JohnEDeaton1
John E Deaton
11 hours
@BlackberryXRP @SECGov I’m not suggesting this account is Jed’s. But I don’t believe in making a post about or implicating someone without tagging them, for notice.
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@JohnEDeaton1
John E Deaton
12 hours
This ruling is insane, dangerous and no elected official should celebrate or even reference it. @elonmusk and people helping Elon is one thing but this judge trying to bar the Treasury Secretary from having access to the network he’s now in charge of is idiotic and more of a political stunt. Judge Engelmayer should be ashamed of himself. The reason I call it dangerous is because we need a healthy respectable third branch of government. With rulings like this one, it could lead to a situation where our courts start getting ignored and someone saying “ok, now try enforcing it.” Elections have consequences. Trump won. Pursuant to our constitution, Scott Bessent has been confirmed as U.S. Treasury Secretary. He has a job to do. The Democrats cried about Trump not recognizing the 2020 result. Well, it’s time they recognize the 2024 result. Elections have consequences.
@charliekirk11
Charlie Kirk
15 hours
New York Judge Paul Engelmayer just forbade all political appointees — including Treasury Secretary Scott Bessent — from accessing Dept. of Treasury data, all based on Blueanon conspiracy theories!! Those theories couldn't be challenged because the order was EX PARTE — meaning Trump's lawyers weren't warned, and couldn't weigh in. Only Democrat Attorneys General were allowed to argue. The judge cites no law or logic to support this unprecedented order, because it defies both. The judge’s ruling is, in essence, that Scott Bessent simply occupies a ceremonial position without real power, like the King of England. This is a grenade thrown into the functioning of the Treasury Department. It forbids the elected government from accessing information about budget and finances. Instead, only the permanent, deep-state government can know what's being spent. It means Scott Bessent's subordinates have far more power than Scott Bessent does. Democrat pundits who whine about the Constitution are liars, and will shred it the first chance they get. For now, the order is only for the next week, but if a court tries to make it permanent the Trump Administration should absolutely consider defying it. Better yet, SCOTUS should bar this judge from ever hearing similar cases again, and every Democrat lawyer involved should be sanctioned.
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@JohnEDeaton1
John E Deaton
15 hours
Dave, next time you’re doing a pizza review in MA let me know and I’ll stop by and have one bite, because everyone knows the rules, and we’ll shit talk about shit coins. Since I sued the SEC over XRP and won, we can talk about that and what liability, if any, a public figure (aka target), like you, may be subject to.
@stoolpresidente
Dave Portnoy
2 days
The world of shitcoins is insane
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@JohnEDeaton1
John E Deaton
17 hours
Maybe you should also do something about things at home, like a Governor and legislature fighting an audit that was overwhelmingly approved by voters, your constituents, or maybe, do something about BlueHub preying on underrepresented homeowners, while the Governor signs a bill immunizing her friend from liability. Or maybe you’re just interested in making headlines against the new administration for your own political benefit. Going against the new administration isn��t courageous. In fact, in MA, it’s the easy thing to do. But speaking out, at home, against those within your own party, that’s real leadership.
@MassAGO
AG Andrea Joy Campbell
3 months
Connecting with folks and our ability to share information and resources is more critical than ever - stay in touch with the AGO: Instagram: Threads: Bluesky: Facebook:
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@JohnEDeaton1
John E Deaton
18 hours
RT @JohnEDeaton1: SOMEONE BOOK BILL AND ME ON A SHOW TOGETHER Facts: Hinman, connected to ETH in significant ways, including making mill…
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@JohnEDeaton1
John E Deaton
19 hours
RT @MassFiscal: When are you suing the Speaker & Senate President for not complying with the voter approved law to audit the legislature?
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@JohnEDeaton1
John E Deaton
19 hours
😂
@scottmelker
The Wolf Of All Streets
20 hours
Have they leaked the results of the Chief’s victory in the Super Bowl yet?
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@JohnEDeaton1
John E Deaton
19 hours
It’s simple: If the government is NOT allowed to do it, the government is NOT allowed to fund it. Period.
@elonmusk
Elon Musk
2 days
Doesn’t it seem odd that none of the supposed beneficiaries of USAID are complaining? Just the government-funded “NGOs”. 🤔
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@JohnEDeaton1
John E Deaton
19 hours
If the government didn’t have its 🥾 on the neck of an entire industry people wouldn’t have been forced to an offshore exchange where they were robbed by the Bernie Madoff of Crypto. These politicians talk about FTX but they never talk about how cozy they all were with SBF and his money.
@Cointelegraph
Cointelegraph
21 hours
🚨 FORBES: Congresswoman Rashida Tlaib highlights the risks of centralized banking in crypto, citing the collapse of FTX as a key example.
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@JohnEDeaton1
John E Deaton
1 day
SOMEONE BOOK BILL AND ME ON A SHOW TOGETHER Facts: Hinman, connected to ETH in significant ways, including making millions as an ongoing profit sharing partner with people representing ETH and ETH companies, on June 14, 2018, gave a speech, declaring BTC & ETH non-securities. In Hinman’s words, he said his speech wasn’t significant related to BTC because BTC was already accepted NOT to be a security. Regarding ETH, however, he acknowledged his speech was a BIG deal. As we know, the SEC never makes public comment on specific tokens or projects. After ETH’s free pass, how many times did we hear Calyton, Hinman, @HesterPeirce, Gensler, and EVERYONE at the SEC, say “it would be inappropriate to discuss a specific token or project.” Yet, it was appropriate for Hinman to comment this one time? 🧐 When I call it Hinman’s Ether Speech it’s because Hinman himself labeled it the “Ether Speech.” We know this because we have the emails between Hinman and others at the SEC leading up to the speech. When you look at the people who received a copy of the draft, many SEC divisions were involved, except Ethics. Prior to the speech, Hinman was told several times he was violating the financial conflict laws because he kept meeting with his partners, especially considering his partners had business before the SEC.👇 What kind of business, you ask? How about his partner from China filing for Canaan’s IPO? What’s Canaan? At the time, only the world’s largest manufacturer of ETH mining equipment.🤨 That’s right, Hinman’s partners - the same partners he was told to stop meeting - were pushing for an ETH mining equipment company IPO during the same time Hinman planned on giving ETH a free pass. The initial Form F-1 registration statement for Canaan’s IPO was filed with the SEC on May 15, 2018. Hinman’s speech was June 14, 2018. How do we know Hinman ignored SEC Ethics personnel regarding this IPO Hinman met with his China partner the same day a letter from Hinman’s Division went out to that same partner.👇 While some people tied to ETH called me and @digitalassetbuy @DigPerspectives and others conspiracy theorists, @EMPOWR_us, an independent Watchdog regarding ethics, with no tie to crypto, sued the SEC and obtained the emails. EMPOWR also made a referral to the IG overseeing the SEC. A final report over Hinman’s conflicts has been issued but not made public. EMPOWR sued the SEC again, demanding the report. Do you remember the 2 year litigation battle between @bgarlinghouse @s_alderoty 🆚 Jorge Tenreiro and other SEC lawyers? Remember the battle over whether Hinman could be deposed, which he was? The lawyers at the SEC fought harder to stop that deposition than lawyers fight to stop a deposition of the President. Lawyers for @a16zcrypto helped ✍️ the speech. That is an incontestable fact. We have videos of the lawyer who helped ✍️ it publicly stating: “Hinman pretty much followed the memo I sent him.” And wher does Hinman work today: @a16zcrypto. The revolving 🚪of regulatory capture on full display. Hinman met multiple times with ETH co-founders, including @VitalikButerin. Take a look at the DRAFT speech BEFORE meeting with Vitalk, 8 days before the speech, compared to the FINAL version and you’ll notice a big difference. The draft before meeting Vitalik discussed decentralization of miners. After meeting with Vitalik, the final version does not. 🤔 Even lawyers present during meetings with Hinman admit ETH was not decentralized, despite Hinman declaring ETH “sufficiently decentralized” and thus, not a security.👇 After he gave the speech, Hinman would speak at conferences like the one below. Back then, he would say only ETH & BTC had clarity (after he gave the clarity). And now he’s back, recycling the same bullshit and ignoring the Ruling that XRP is not a security from a case that he pushed to bring. We should be on a panel together.
@subjectiveviews
Subjective Views
3 days
Bill Hinman actually said that people are a little gun shy going into the SEC based on past experiences. 💀 You can't make this up. #Ripple #XRPCommunity #XRP
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@JohnEDeaton1
John E Deaton
1 day
RT @CryptoLawUS: 🚨LIVECAST - February 14, 2025 on #CryptoLawTV Join @JohnEDeaton1 and @IPProfEvans for a timely discussion on Tribalism,…
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John E Deaton
1 day
LIVECAST - February 14, 2025 on @CryptoLawTV Join @IPProfEvans and me for a timely discussion on Tribalism, Debanking, and Financial Inclusion.
@IPProfEvans
Prof. Tonya M. Evans | #CEOofME
27 days
Is the FDIC fostering innovation or stifling it? As crypto debanking claims mount & truth about "Operation Chokepoint 2.0" emerges, the future of financial regs hangs in the balance. A thread 🧵 on what’s happening, why it matters, and what’s next. 1/6 #Crypto #FDIC #cryptolaw
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@JohnEDeaton1
John E Deaton
1 day
C’mon @elonmusk, you forgot to tag @ewarren.
@elonmusk
Elon Musk
1 day
CFPB RIP 🪦
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@JohnEDeaton1
John E Deaton
1 day
I’m in the middle of a 2 week trial. Already don’t know how I’ve tried cases without it! And yes, it is way better than having an associate. In fact, my associate uses ChatGPT to do what I ask him to do. And I don’t pay a good salary, bonuses, and 100% medical insurance benefits to Chat!
@lex_node
_gabrielShapir0
2 days
Have been playing around with ChatGPT o1 pro with 'deep research' toggle, for legal research, and man I have to say, lawyers really are kind of cooked. If you are a pretty smart person, I don't think you need a lawyer anymore to explain what the laws are--at least for well-documented areas like securities law. You will still need a lawyer to help create a legal strategy and actually make legal things happen, but you can get a really solid understanding of even complex topics completely on your own. This also means senior lawyers have less and less need of junior lawyers for research, ChatGPT does a much better job than the typical first year associate would.
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@JohnEDeaton1
John E Deaton
2 days
There’s no other way to describe this other than putting Tenreiro in his place and saying, if you don’t like it, leave. And make no mistake, Tenreiro EARNED this demotion and humiliation. I’m not saying this because he prosecuted crypto companies or because he hates crypto. I’m saying it because I have knowledge that he litigates cases the way SEC lawyers litigated Debt Box. In the @Ripple case, the judge, without personally naming him, said Tenreiro lacked faithful allegiance to the law and would say anything, no matter how untrue, just to win an argument or advance his litigation goals. How do I know Judge Netburn meant Tenreiro? Because she said it about the lawyers handling the Ripple case on behalf of the @SECGov. Tenreiro was the LEAD ATTORNEY, calling the shots. Lawyers like Tenreiro have a win at all costs attitude, with no commitment to fairness, truth, or justice. He relishes being able to threaten using the resources of the U.S. Government to intimidate or bully entrepreneurs and litigants. I’m a former federal prosecutor. You’re supposed to wear the White Hat and seek out justice, not feed your self-serving Prima Donna attitude.
@scottmelker
The Wolf Of All Streets
3 days
Top SEC Official In Ripple (XRP) And Coinbase Cases Reassigned Amid Crypto Policy Shift The SEC has reassigned Jorge Tenreiro, former deputy chief of its crypto assets and cyber unit, to its computer systems management department, per The Wall Street Journal. Tenreiro, who played a key role in enforcement actions against Ripple (XRP) and Coinbase, served in the SEC's crypto division from 2022 to 2024. His reassignment comes as the agency reportedly scales back its crypto enforcement efforts under Trump. Source: The Block
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@JohnEDeaton1
John E Deaton
3 days
RT @CryptosR_Us: 🇺🇸 JUST IN: Crypto Mom, @HesterPeirce says the SEC "will NOT be taking an enforcement first approach."
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