Here’s What John Deaton Replied On Jim Cramer’s Tweet

January 21, 2023

Story: Mohd Javed

John Deaton, a well-known cryptocurrency lawyer, on Friday took to Twitter to respond to famous CNBC host Jim Cramer.

Anyone who favoured a Spot Bitcoin ETF is a bully? the XRP lawyer asked in his tweet.

Tagging Garry Gensler, Deaton said Cramer believes people were protected by SEC Chief are not granting a spot ETF even though Bitcoin futures and short ETFs exists.

This was in response to Cramer's tweet where he thanked SEC Chief Gary Gensler for standing up to the crypto bullies who wanted an ETF.

As the US SEC is yet to approve any spot bitcoin exchange-traded fund (ETF) listings to date.

Earlier, the CNBC famous host had tweeted about crypto market manipulation.

“The manipulation higher of crypto shows you this is truly a sham market”, he tweeted on Thursday.