Crypto Lawyer: Senator Warren holds federal agency accountable for unconstitutionally expanding its jurisdiction without congressional authorization

Crypto lawyer John E Deaton posted on social media stating 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 District of Columbia Circuit Court of Appeals, which oversees the SEC, ruled that the SEC's refusal to approve a BTC spot ETF was arbitrary and capricious. This ruling effectively forces the SEC to approve a spot ETF. In other words, it is national law.

However, after the ruling, Elizabeth Warren encouraged Gary Gensler to ignore the court's decision and reject the spot ETF. For those who advocate the opposite view, this is a lack of respect for the rule of law.