Cryptocurrency

SHOCKING Crypto Move! Industry Files MASSIVE Lawsuit Against SEC!



In this video, I discuss the significant move by crypto attorney John Deaton, who has launched a Senate bid against Elizabeth Warren, signaling a pivotal moment for crypto holders. Deaton, known for his legal expertise in the crypto space, is challenging Warren due to her anti-crypto stance, illustrating a broader battle between crypto advocates and regulatory forces. Moreover, the video highlights a lawsuit filed by Legit Exchange and the Crypto Freedom Alliance of Texas against the SEC, marking a proactive stance by the crypto community against perceived overreach. This lawsuit, along with Deaton’s political challenge, underscores a concerted effort to defend digital asset rights and push back against restrictive policies. The involvement of notable legal figures and the rallying of the crypto community around these issues are presented as critical developments for the future of cryptocurrency in the U.S., emphasizing the importance of understanding and engaging with these events for anyone involved in the crypto space.

Suit against SEC – https://x.com/LEJILEX/status/1760343520999780663?s=20

Follow John Deaton – https://twitter.com/JohnEDeaton1

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Intro 00:00
John Deaton runs against anti-crypto army 1:00
Crypto goes on offense! 2:55
Why this is a big deal 4:25
Coinbase vs. SEC 5:35

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Crypto holders this is a big deal this man right here John Deon first it was schoolyard bullies then it was greedy corporations and the SEC and now I’m taking on the Washington Elites John Deon over here going head-to-head with there she is Elizabeth Warren as you know Elizabeth Warren she’s been

Building she’s been building that anti- crypto Army it is amazing I want to just say right off the bat it’s amazing to have somebody John Deon in this case going head-to-head for Massachusetts Senate seat also today legit exchange and the C crypto Freedom Alliance of Texas filed suit against the SEC this is

Massive news today if you’re a crypto holder it is absolutely time to pay attention to how the space is coming together to really truly fight against the anti- crypto Army the people that truly just they just really don’t like you they really don’t like you hit the

Subscribe hit the like let’s jump into the video and let’s start this is it this is the headline crypto attorney launches Senate bid against Elizabeth Warren and so I just read this post check this quick clip out really really fast I will fight for what is right

Because I have no fear and I will never give up like a two to three minute video I’ll put a link in the description below please support John Deon for what he’s doing this is a huge huge task and you can already see right off the bat yesterday Elizabeth Warren a little

Triggered by the news that somebody’s stepping up to the plate to go against against her to run against apparently she says the mag I love the community Notes too the magga Republican machine couldn’t find a single Republican in Massachusetts to run against me so they brought in someone

From Rhode Island who will have the backing of the GOP and special interest groups John says Senator no one recruited me and I’m looking forward to a substantive discussion on the issues that are important to the good people of Massachusetts like income inequality inflation housing costs illegal immigration the debt crisis and veteran

Services meta law man over here he says good people of Massachusetts hear this John Deon is anti-censorship and pro border security could you imagine that imagine living in America and being pro border security whoa amazing Senator Senator Elizabeth Warren is pro censorship and anti- border security and

Is true she’s in my view from what I’ve seen it truly think I I just think she’s anti just anti America anti Freedom it’s incredible to see the policies in which these people in office right now are implementing in direct opposition to you and I it’s it’s incredible so John Deon

Please support him I’ll put a link in the description below just wanted to bring it to attention because it’s a very big deal for the crypto space um just been an awesome legal mind in the space anyway but the fact that he’s going head-to-head with Elizabeth Warren

I think is massive the other headline for for the for today specifically crypto goes on on offense in the courts we’ve been tracking the coinbase SEC case and others like the binance SEC case the space in the last year has been coming together rallying together in a way that

Is insane powerful this lawsuit proactively challenges the sec’s unlawful attempt to seize power power over digital asset markets that it has no authority to regulate key word there being everybody sec’s unlawful attempt unlawful that’s what it is if you think if you thought the SEC could use

Litigation to bully this industry out of the USA think again there’s the news so legit legit exchange I’ve not heard of them it looks like they’re fairly new uh in terms of their EX at the very least two-day legit Exchange in the crypto Freedom Alliance of Texas filed suits

Against the SEC I’ve been wondering as we’ve tracked SEC just going after the crypto space non-stop I’ve been wondering when when will there be a lawsuit filed against the SEC because they are in my opinion on the wrong side of the law we’re holding the federal government accountable and fighting for Clear

Consistent regulation of digital Assets in Texas this is massive metal law man once again over here in regards to this news follow metal law man over there on X everybody just so helpful such a good legal mind such a such a smart guy over here crypto Freedom Alliance and here’s

Becomes kind of a big a big thing crypto Freedom Alliance of Texas just sued the SEC seeking a declaration that crypto assets traded on secondary markets are not Securities that sound familiar coinbase SEC case for instance that’s the whole problem like 12 tokens listed in that case as Securities here’s the thing

They’ brought the big guns Paul Clement former US solicitor general has handled over 100 cases before The Supreme Court everybody get your amus briefs ready so amikas briefs something that I’ve learned throughout my time in crypto as we’ve seen all of these cases when you

Have a case like coinbase SEC or in this case crypto Freedom Alliance of Texas going after SEC amica’s brief is basically allowing other parties outside of the the case itself to come in and say you know what I’m going to file a brief in defense in support of in this case the crypto

Freedom Alliance of Texas and and the legit exchange what they’re doing and so this is once again the industry coming together to fight the SEC you all know Gary gendler to fight back against Elizabeth Warren and her anti- crypto Army Paul greywall many of you very well

Aware of the chief legal officer over over at coinbase how many suits will it take before the SEC gets that all this community asks is to understand the rules so it can follow them Faithfully apparently the answer is at least one more it’s another case it’s another

Lawsuit to track right now now and this just becomes the pile is just getting very large as you know we’ve very much been tracking this one judge fa FAA were waiting for her decision in the coinbase SEC case this was from around a month ago a headline judge Grill’s the SEC

With pointed questions as coinbase hearing begins I don’t know what’s going to happen here she might rule that this is going to go into like a year-long process of you know really just dragging this thing out and that could very much happen but I’ll tell tell you

What this suit filed today apparently as you see coinbase listed the coinbase case listed in here in the coinbase case SEC has asserted that 12 tokens coinbase listed for trading on coinbase are securities and that any sale of those assets is a Securities transaction covered by the federal Securities laws

So you can see and and this whole thing is in defense of coinbase these things aren’t Securities is what is what it’s laying out and you can see and this is just kind of another angle the space coming together this is exactly what we need this is very good news for the

Crypto space so we’re going to continue tracking this now in relation to everything else that we’re tracking as as far as the the crypto cases go but it really is everybody it’s a war on crypto it’s it’s anti-freedom it’s truly anti-freedom amongst other things and so

It’s very good to see uh legit exchange come together with you know uh crypto Freedom Alliance of Texas as well as John Deon doing his thing over here time to support support these guys so I’ll put some links in the description below let me know your thoughts in the comments below please

Hit the Subscribe turn notifications on get notified when we have news like this coming out tracking all of this that’s happening in the crypto space because everybody we’re all crypto holders and these things they just matter if we’re hanging out in this space and and we’re navigating through the space these

Things really matter for really the future of the space so hit the like button on the way out I appreciate all of you cruising through I’ll see you in the next one God bless

41 Comments

  1. Strap tight 🧗🏻‍♂️ Cambodia 🇰🇭 Year Zero, Bosnia 🇧🇦 1992, Germany 1920s, USA/UK/EU banking crises 2008, Gold confiscation 1933 🥇 Silver 1934 🥈

    Best to diversify away from fractional reserve banking system into decentralized crypto such as Bitcoin or Łitecoin to spread risk as well as secure your assets.

  2. Ask Senator Warren: What is crypto? "It's air!" (her words). Is it money, "no!" Is it a commodity, "No! Is it a security, "No!, it's air". Oh good. So it's just nothing so there is no regulation for nothing. Thank you. Crypto is free speech. No regulation. Congress shall make no law abridging the freedom of speech. Stop calling it money, commodity or security. It's nothing so stop trying to regulation nothing.

  3. Impressive video! Your detailed analysis of the intricate pension situation and the potential impact of the debt ceiling crisis is a compelling wake-up call for proactive financial planning. Yet, adding a touch on alternative investment strategies, such as the potentially lucrative day trading, would have elevated the discussion. Though risky, with strong risk management and a keen understanding of the markets, it can be a profitable endeavor. Continuous learning, staying updated with trends, and leveraging insights like Pennie Thorne’s are critical to success. Remember, with discipline and dedication, trading success is within reach..

  4. You guys need to learn why the people are trying to escape "their" countries and cross the border before you look at putting more and more bandaids on an issue you clearly are not recognizing. I'm happy to talk to you about it, anytime. Peace

  5. This is not huge news. I’ve been saying there’s a lot of barriers in place before bull run for months lol. Even when you passive aggressively pinned my comment about how we haven’t hit the bull run and Cardano is over shilled I stood by my thoughts. We have a TON of uphill battles to win before “bull market doors” are reached. Just my opinion but I’ll say it again – BE CAREFUL PEOPLE! Inflation, pending stock market crash, HUGE gaps to fill from crypto pump the last couple months, gvt regulation, recession looming, etc etc. Do not let influencers shill you on a premature bull run or on their mediocre at best coins / projects. Most don’t know what they are talking about. I still think we aren’t at the bull run – this is a bear market pump imo. Not the real bull

  6. As we approach the pivotal 2024 Bitcoin halving event, we stand at a crucial crossroads in the world of cryptocurrency. This significant occurrence promises to profoundly affect Bitcoin's market value and ripple across the broad expanse of digital currencies. In this critical phase, the importance of strategic trading acumen and the diversification of investment portfolios cannot be overstated. In the midst of these shifting market dynamics,Amidst this, the insights of a knowledgeable guide like Tobias Hawke can be crucial. His expertise in navigating the nuances of cryptocurrency investments could be the key to understanding and making the most of these emerging financial trends.

  7. You know what I love the most. At the end of every video you dedicate all to Jehova. You are the only one with such a big voice to call out our creator. This is how I know I found the best channel to listen to about Crypto updates.
    Jah bless you bro 🙏🏽

  8. Yeah it would be even more amazing if the Republicans would actually pass the boarder bill to fix the problem now and not just follow the instructions of criminal convicted rpst Donald Trump.

  9. This might sound absolutely crazy and a reach but hear me out Dan… I know you are a Christian and I respect it, I consider myself one as well as I do my best to walk with the creator in love. I have talked to many different types of people in different religions and most believe through the bible that there will be a time when we can not buy or sell anything with legal tender. This would mean that the government would have control of all of our money and accounts so we can't do anything with it and cash would be worthless. Now I know we usually mean good when bringing new laws or movements to light but with only to have the government use it against the citizens. The Patriot Act being a good example and "Climate Change" being the next big one. Yes we should care about our planet but we will be the only ones punished and restricted, not the giant corporations. Going back to no buy no sell, I can only see this happening if the blockchain takes over. Every transaction will be visible with no where to hide. So I would say most Christians aren't on board with the blockchain because then there would be no cash but they unknowingly are bullish on the blockchain because they believe this new system will be unfolded in the future. That is why most are trying to live off-grid and growing their own gardens. So my point is most Christians are unknowingly bullish on the blockchain, the government will find a way to control it and use it against the people of the world. If we pass laws to be able to use it in a bigger scale and not be considered a security this will get us closer to the government finding a way of taking over. We will ultimately regret these coming steps. If only we could have the government leave the crypto community alone and only tax it and prosecute people using it to wash money. We all know they won't leave it alone though. Bitcoin and Cardano to the moon! But at what cost? I'm interested to know your opinion on this Dan and if you think no buy no sell will happen. God Bless
    P.S. I am a subscriber since 2021 and love your channel! ADA gang all the way!

  10. You are 100% correct about Warren and thank you for sharing the information about Deaton. He absolutely has my support and I hope and pray he comes out victorious.

  11. Wow, just watched an eye-opening analysis of Bitcoin's latest price twists. It's amazing to see the impact of funding rates, media hype, and big players' actions on the market. This crypto journey is full of surprises, and insights like these are invaluable. It really highlights the power of technical analysis in navigating these waters. For anyone on the fence, now's a thrilling time to dive in and potentially ride the wave to success. The market's complexities are surprising now, but also full of opportunities for the savvy investor…At the heart of this evolution is Silvia Macido, whose deep understanding of both cryptocurrency and traditional trading has been instrumental. Her holistic approach to investment and commitment to staying abreast of market trends make him an invaluable ally in navigating this new era in cryptocurrency investment….

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