Pro-XRP lawyer says Elon Musk D.O.G.E. department is necessary, in a new war with SEC’s lawyers

The post Pro-XRP lawyer says Elon Musk D.O.G.E. department is necessary, in a new war with SEC’s lawyers appeared on BitcoinEthereumNews.com.

Pro-Ripple (XRP) attorney and Republican John Deaton shared a TikTok video on his X account, which featured American comedian Jon Stewart raising the alarm over the US Department of Defence’s “unmonitored” spending. Deaton quoted the video, saying it is why Elon Musk-led D.O.G.E. is “necessary.” Stewart highlighted the disconnect between the Pentagon’s budget and the realities faced by service members. “We got out of 20 years of war, and the Pentagon got a raise,” Stewart remarked. “I can’t figure out how $850 billion to a department means that the rank and file still have to be on food stamps. To me, that’s f*cking corruption.” Dragonchain attorney and pro-crypto Republican John Deaton quoted a TikTok video that included an interview on his X account, saying, “If you think Elon Musk and Vivek Ramaswamy’s D.O.G.E isn’t necessary, watch this.” Deaton, who also supports XRP, seemingly suggested that the Department of Government Efficiency (D.O.G.E.) could bring much-needed accountability to departments like the Pentagon. Legal tensions in the US SEC’s crypto cases Deaton’s criticism extended to the ongoing legal conflict between the US Securities and Exchange Commission (SEC) and various crypto firms, including the case against Dragonchain. The SEC has accused Dragonchain of unregistered crypto asset security offerings, just like it had done to Ripple Labs and its token XRP. In a recent court filing related to the SEC’s case, Deaton lashed out at the agency’s aggressive tactics, claiming that certain SEC lawyers continue to bully American entrepreneurs, especially those in the crypto sector. “Certain lawyers at the SEC are continuing their bully tactics in non-fraud crypto cases against American entrepreneurs,” Deaton said on X. He added that Dragonchain, which originated from Disney, is “as American as it gets.”  Certain lawyers at the @SECGov are continuing their bullying tactics in non-fraud crypto cases against…