He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. Already a subscriber? All rights reserved, Published on April 04, 2023 15:48 GMT+00:00. Second, Judge Analisa Torres can decide that Ripple violated the law when it first started out for a specific time but come to the conclusion that XRP doesnt count as security in secondary market transactions now. All trademarks and copyrights on this page belong to their respective owners. You have to know whats happening with clients, competitors, practice areas, and industries. Deaton tells his 262,100 Twitter followers that the US crypto exchange will emerge victorious in the lawsuit seeking to compel the SEC to disclose whether it has accepted or denied a petition that Coinbase filed in 2022. John Deaton The SEC sued Ripple in late 2020 under allegations that the company sold XRP as an unregistered security. 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Torres denied the XRP holders' bid to intervene as a class in the case, which she said would cause undue delay. Founded in 2006 by managing partner John Deaton, the Deaton Law Firm has litigated tenaciously on behalf of their clients suffering from Mesothelioma and other asbestos-related illnesses. According to Deaton, Genslers views imply that the SEC might find grounds for a crackdown on cryptocurrencies in various circumstances. According to attorney Deaton, he purchased his first XRP coins in 2016 due to the assets use for cross-border payments and settlements. Crypto Market News: The turmoil in banking sector came as a boon for the crypto market, as Bitcoin price took off over concerns of regional bank collapse in March 2023. Don't Miss a Beat Subscribe to get crypto email alerts delivered directly to your inbox The XRP holders including Deaton's daughter, Jordan, said in their bid to intervene in the case that the token lost $15 billion in value when crypto exchanges in the U.S., including Coinbase, delisted or suspended trading in XRP after the SEC sued. Mar 2006 - Present17 years 2 months. Looks like 3K XRP Holder Affidavits were submitted by Ripple," hesaidin a tweet. John earned the rank of Major and was awarded the Meritorious Service Medal and Navy Marine Corps Commendation Medal. XRP Holders are Seeking intervention in the SEC's Lawsuit Against John John Russia To Use Evil Cryptocurrency For Foreign Trade; Heres Why. Lawyer John Deaton When you have a massive exhibit w/hundreds thousands of pages, the system cant handle all as one exhibit and must be broken up. WebThe XRP holders, represented by Deaton's father, John Deaton, said in their March motion to intervene that they stood to lose billions of dollars from the SEC suit alleging that "My daughter is an example of an XRP Holder who had never heard of The Deaton Law Firm can help you navigate the legal landscape when filing a claim. Deaton said that the public would be able to read "limited redacted versions of the opposition," but not the 56.1 statements, counter statements, exhibits, deposition testimony, and more until next year. WebFounded in 2006 by managing partner John Deaton, the Deaton Law Firm has litigated tenaciously on behalf of their clients suffering from Mesothelioma and other asbestos He understands that each client has special and unique personal and professional experiences each of which impacts the very nature of each legal matter pursued. 27 Apr 2023 16:48:42 Here is a link to Deaton's summary of the evidence: https://www.crypto-law.us/the-ethereum-free-pass-fair-notice-and-the-fight-ahead/. ATTORNEY JOHN DEATON WANTS THE The outcome of the Ripple v. SEC litigation, which is soon to be decided, has everyone on the edge of their seats. Law Office of Janice Deaton And they call it: Decentralized Justice.". Attorney Deaton realizes the importance of knowing his clients and their loved ones. The SEC had argued against letting the token holders act as amici and present evidence. John Deaton, founder of CryptoLaw and a pro-XRP lawyer, recently expressed his belief that the United States Securities and Exchange Commission (SEC) would lose its case against Ripple. Prior to founding the Deaton Law Firm, Attorney John Deaton practiced law at a national litigation firm.
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