John E Deaton Says Government Should Seize JPMorgan's Assets

April 06, 2023

The CEO of JP Morgan has suggested that governments should seize private land to build wind and solar farms in order to meet net zero targets.

Attorney John E Deaton took a dig at this news and said- "I suggest the government seize the assets of JP Morgan and Jamie Dimon."

Deaton, who represents thousands of XRP holders, took to Twitter to criticize this statement by showing a mirror to private players.

There has been a lawsuit against JPMorgan for benefiting from ties to sex trafficker Jeffrey Epstein.

JPMorgan’s asset and wealth management chief executive officer and Epstein exchanged over 1,200 emails, some of which referred to young women.

Deaton has been keeping up with the ongoing Securities and Exchange Commission (SEC) lawsuit against Ripple Labs.

Many XRP holders and cryptocurrency enthusiasts have been eagerly awaiting the case’s outcome, which centers on whether Ripple‘s sale of XRP constitutes an unregistered security offering.