SEC Assault On Ripple Provokes Wider Debate Would you be able to testify this Tuesday morning to the first proposed cryptocurrency policy for Maine LD 990, Special Purpose Depository Institutions for Digital Assets.. Reuters, the news and media division of Thomson Reuters, is the worlds largest multimedia news provider, reaching billions of people worldwide every day. The Senator asked his Twitter following to point him in the direction of crypto or blockchain experts that could come in handy for testifying in favor of the bill to Maines regulators. XRP: FOX Business Senior Correspondent Says SEC Is Losing XRP Crypto News: John Deaton, the lawyer who represents hundreds of XRP token holders in the ongoing Ripple lawsuit against the U.S. Securities and Exchange Commission (SEC), said there was no truth to the perceived notion of Bitcoin and digital assets being a threat to the US financial system and the US Dollar. 5 Best Crypto To Buy Now 26 April. 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The Deaton Law Firm - Mesothelioma Lawyers Lawyer John Deaton In a tweet shared by attorney Deaton today, a total of 70,100 XRP holders from all 50 states in the U.S. and 141 countries around the world have joined his lawsuit against the commission. Deaton has discussed his opinions on every possible outcome. Lawyer The SEC under Gary Gensler has refused to address these troubling questions, resisted Freedom of Information Act (FOIA) requests and ignored media reports. If the motion is approved by Judge Torres, XRP holders will be able to appear as third-party defendants in the lawsuit. John earned the rank of Major and was awarded the Meritorious Service Medal and Navy Marine Corps Commendation Medal. The firm is dedicated to representing clients wrongfully injured by asbestos companies, pharmaceutical companies, and chemical companies. John E. Deaton, the attorney who has previously filed a Motion to Intervene in the name of XRP holders, admitted that it is a big deal to subpoena a former high Attorney John E. Deaton has asserted that judges would be forced to draw attention to perceived lack of allegiance to the law, overreach, and inconsistent statements from the United States Securities and Exchange Commission (SEC) in its crypto enforcement actions. Bitcoin Price Prediction: BTC's Roller Coaster Ride - Recovering After an 8% Drop, Will It Reach 30K Today? Regulator claims XRP token is unregistered security, Tokenholders granted amicus status to offer legal views. By Nicholas Say March 16, 2021. CORRECTED: XRP holders seek to intervene in SEC's Ripple lawsuit PRWeb Already a subscriber? I got that at zero thats now maybe I shouldnt have it that low, but thats how confident I am about that meaning, that ridiculous theory of theirs, he added. Maine Senator Eric Brakey says he will be presenting L.D. Deaton Law Firm is located at 450 North Broadway in East Providence, RI 02914; (401) 351-6400; http://www.deatonlawfirm.com. 990 to the Maine Financial Services Committee on April 4th. In a tweet yesterday, CryptoLaw founder and pro-XRP lawyer John Deaton explains what prompted his decision to purchase XRP, the sixth-largest cryptocurrency by market capitalization. 29 Apr 2023 17:00:14 lawyer John Deaton Pro-XRP lawyer John Deaton has been asked to testify in favor of a new bill in Maine that aims to support the adoption of cryptocurrencies and digital assets. The Ripple v. SEC Saga Continues as XRP Holders Join The Lawsuit Attorney and XRP supporter John Deaton is optimistic that Coinbase will prevail in its lawsuit against the U.S. Securities and Exchange Commission (SEC).. 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 Share article on social media or email: View article via: Your voices are being heard. The pro-XRP attorney and CryptoLaw founder expressed this in a An incorrect link to a court document has also been replaced. Deaton Torres ruled they will only be allowed to make legal arguments on issues such as whether the case should be dismissed. Regarding the XRP case, it is interesting to note that Deaton filed a groundbreaking lawsuit on behalf of XRP, seeking to have the SEC amend its complaint against Ripple by only focusing on XRP Lawyer John Deaton WebCOURT OF APPEALS SECOND DISTRICT OF TEXAS FORT WORTH NO. Deaton supported his assertion by mentioning four instances where different judges found the SECs arguments to be meritless. Futuremash According to attorney Deaton, he purchased his first XRP coins in 2016 due to the assets use for cross-border payments and settlements. All rights reserved, Published on April 29, 2023 05:20 GMT+00:00. Every new development in this case is highly anticipated. John E. Deaton, the lawyer representing XRP holders in the motion, says he also has notified the Securities and Exchange Attorney Deatons Push for Justice Meanwhile, attorney Deaton is determined to get justice for XRP victims of the SEC lawsuit, and the process has continued to gain momentum. All quotes delayed a minimum of 15 minutes. 02-16-00188-CV JOHN E. DEATON AND DEATON LAW FIRM, L.L.C. #XRP lawyer John Deaton praised Coinbase's response to the SEC, saying that it sets an example of how to stand up for one's interests by extending the olive branch of dialogue and cooperation while demonstrating firmness and unwavering in their beliefs 28 Apr 2023 19:28:32 John E. Deaton, Managing Partner at The Deaton Law Firm and lawyer for approximately 11,000 XRP holders in the context of the SEC v Ripple lawsuit, has stated Following recent details and revelations, the Ripple community continues to enquire why a case has not yet been established against Hinman by the blockchain companys attorneys.. Clayton should not have voted b/c his law firm represented Consensys and brokered the purchase of Quorum between Consensys and JPMorgan, which was pushing JPMCoin - a direct competitor to Ripple and XRP as you can see. Try our Advanced Search for more refined results. Our Standards: The Thomson Reuters Trust Principles. "Exhibit 167 is broken into 26 parts. XRPs Fate Hangs in Balance: John Deaton Predicts 4 Possible Outcomes in Ripple Vs SEC Lawsuit, Ripple vs SEC Verdict Timeline: Here Are All The Latest Updates, Ripple Alleges that the SEC Suffered a Setback in the XRP Lawsuit, Ripple Vs SEC Lawsuit Update: Company Reveals New End Date Amidst Legal Battle, Ripples Legal Turmoil Escalates: XRP Holders Pose Threat in Court, Why Experts Expect Sparklo (SPRK) To Outperform Cardano (ADA) And Cosmos (ATOM), Exploring The Endless Possibilities Created By Avorak AI And Arbitrum, 7 Undervalued Cryptocurrencies With 10x Potential, Insider Insights: Top Attorney Reveals Why Coinbase Wont Delist ETH Like XRP, Render Token (RNDR), and Solanas (SOL) Expectations Wane As Sparklo (SPRK) Wax Stronger With Bonuses, Justin Suns Whopping TUSD Transfer to Binance Raises Red Flags Heres Whats Happening, First Republic Banks Dramatic Collapse Ends with JPMorgan Takeover. Pro-XRP lawyer John Deaton has been asked to testify in favor of a new bill in Maine that aims to support the adoption of cryptocurrencies and digital assets. WebProfessional Experience. 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. Its understandable for one to believe many of these tokens have been offered and sold as securities at some point. Their general counsel and their CEO have publicly stated that they would settle today if the SEC would agree to ongoing future sales secondary market sales.. The case is SEC v. Ripple Labs Inc, U.S. District Court, Southern District of New York, No. "My outrage has grown as the litigation has unfolded," he said. Please see our Privacy Policy. The regulatory agency filed a lawsuit against Ripple and its executives in December 2020, alleging the sale of XRP constituted an offering of unregistered securities worth over US$1.38 billion. According to Deaton, the law is on the side of the US crypto exchange. When you have a massive exhibit w/hundreds thousands of pages, the system cant handle all as one exhibit and must be broken up. (Reuters) - A group of individuals who own digital tokens associated with Ripple Labs Inc can offer their "meaningful perspective" in the U.S. Securities and Exchange Commission's case accusing the company of violating securities law, a Manhattan federal judge ruled on Monday. See here for a complete list of exchanges and delays. 990 here. Garlinghouse also noted there would be no "regard" for those affected by the SCE's actions, drawing attention to the agency's blatant lack of concern for individuals and companies that have been hurt by its harsh approach. Much of Fax: (401) 351-6401. 990 to the Maine Financial Services Committee on April 4th. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. John E Deaton (@JohnEDeaton1) / Twitter Coinpedia - Trusted Crypto Agency for News, Information, Exchange, PR, Blockchain Events, Crypto Wallet and Else related to Decentralized World. WebDeaton Law Firm. You have to know whats happening with clients, competitors, practice areas, and industries. You can register to testify for L.D. Industry Announcements, ABOUT US | EDITORIAL POLICY | PRIVACY POLICY Attorney Deaton files for intervention The most comprehensive solution to manage all your complex and ever-expanding tax and compliance needs. John E Deaton @JohnEDeaton1 Founder of Crypto-Law.us and Managing Partner of the Deaton Law Firm; Bitcoin; ETH, XRP; Blockchain enthusiast; lawyer; https://www.crypto-law.us/the-ethereum-free-pass-fair-notice-and-the-fight-ahead/. John Deaton, crypto lawyer and founder of legal and regulatory digital asset news company CryptoLaw, has praised XRP holders for their support in the ongoing Access unmatched financial data, news and content in a highly-customised workflow experience on desktop, web and mobile. 20-CV-10832. He left the big firm environment because of his passionate desire to personally represent each of his clients to work on each and every case. "My daughter is an example of an XRP Holder who had never heard of Team Profiles - Deaton Law Firm Also Read: Binance CEO CZ Calls For Unity In Crypto Industry Amid FUD Over Rumors, Deaton, who is known for the sharp criticism against the SECs enforcement actions, talked about the potential use case of Bitcoin acting as the digital dollar. CryptoLaw | U.S. Legal and Regulatory News for Digital Asset Holders Coinbase has taken legal action against the Securities And Exchange Commision (SEC) due to their lack of response to their filing, which they claim is the primary reason for their decision. Interestingly, as of today, there are now over 70,000 XRP holders who have joined Deatons class action against the SEC. The Deaton Law Firm strives to seek justice for victims and families. In a recent tweet, the Crypto Law founder called on the XRP community to provide info about Ripple, Bitcoin, and Ethereums market capitalization as of January And they call it: Decentralized Justice.". Lawyer CryptoLaw Founder Explains Why $XRP and $ETH Are Not Securities He had seven years of active duty, at which time he was a federal prosecutor and criminal defense attorney. Crypto Expert Says Banking Crisis Just Starting; Heres Why On March 31, John Deaton, a well-known attorney closely monitoring the U.S. SECs lawsuit against FinTech firm Ripple, shared his latest insights on the ongoing case. Deaton wrote on Twitter, where the ruling was celebrated by cryptocurrency enthusiasts. John Deaton of the Deaton Law Firm, who represents the XRP holders, and a spokesperson for the SEC did not immediately respond to a request for comment on Prior to establishing DLF, John worked for a Pro-XRP lawyer John Deaton has explained how Coinbase has solid grounds and how the crypto industry will eventually triumph in the court. But conflicts of interests dont get in the way at the SEC. 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. Mar 2006 - Present17 years 2 months. Crypto Expert Says Banking Crisis Just Starting; Heres Why The SEC sued the San Francisco-based company and its current and former chief executives in December, alleging they have been conducting a $1.3 billion unregistered securities offering since the token's creation. Browse an unrivalled portfolio of real-time and historical market data and insights from worldwide sources and experts. The SEC had argued against letting the token holders act as amici and present evidence. SEC targets XRP holders, Attorney John E. Deaton claims John Deaton - Managing Partner - Deaton Law Firm | LinkedIn Ripple's founders created XRP in 2012. Crypto Lawyer John Deaton Believes SEC Will Lose to Ripple After Judge Dismisses Its Arguments, Ripple vs SEC Verdict Timeline: Here Are All The Latest Updates, Ripple Alleges that the SEC Suffered a Setback in the XRP Lawsuit, Ripple Vs SEC Lawsuit Update: Company Reveals New End Date Amidst Legal Battle, Ripples Legal Turmoil Escalates: XRP Holders Pose Threat in Court, Why Experts Expect Sparklo (SPRK) To Outperform Cardano (ADA) And Cosmos (ATOM), Exploring The Endless Possibilities Created By Avorak AI And Arbitrum, 7 Undervalued Cryptocurrencies With 10x Potential, Insider Insights: Top Attorney Reveals Why Coinbase Wont Delist ETH Like XRP, Render Token (RNDR), and Solanas (SOL) Expectations Wane As Sparklo (SPRK) Wax Stronger With Bonuses, Justin Suns Whopping TUSD Transfer to Binance Raises Red Flags Heres Whats Happening, First Republic Banks Dramatic Collapse Ends with JPMorgan Takeover. Maine Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers. Deaton went on to explain that the final proofreading could be ongoing or that the Judge could be in the proofreading stage. For a free consultation and more information about your legal options, please contact us today. John Deaton, Managing Partner of the Deaton Law Firm, founded his law practice in 2006. Anita Jains practice focuses on litigation in the areas of real property, title, mechanics liens, complex business commercial disputes, and civil appeals. John Deaton, the founder of the digital asset news company Crypto Law and an amicus curiae in the case, expressed optimism that Ripple will prevail in the ongoing securities litigation against the US Securities and Exchange Commission (SEC). A slew of measures initiated by the US Federal Reserve and easing market conditions were believed to be saving the US banking sector from a widespread banking collapse. Mesothelioma is a form of rare and deadly cancer that results from years of exposure to asbestos. Because the disease takes years to be discovered, individuals may not be aware that they have it, or even what caused it. The law doubled the minimum sentence for serious or violent felons Three Strikes Analysis - Rose Institute John Crypto Lawyer John Deaton Praises XRP Holders For Efforts During Nevertheless, despite the fact that the case was far along, the attorney expressed optimism that the parties may reach a settlement before a summary judgment, stressing that the plaintiffs were prepared. Is Massive Correction On The Horizon. Law360 may contact you in your professional capacity with information about our other products, services and events that we believe may be of interest.Youll be able to update your communication preferences via the unsubscribe link provided within our communications.We take your privacy seriously. 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 Its understandable for one to believe many of these tokens have been offered and sold as securities at some point. The lawyer represented XRP holders as an amicus curiae last year and continues to follow the case closely. Lawyer John Deaton Attorney John Deaton, who represents over 63,000 digital asset holders in an ongoing action against the SEC, has compiled evidence that SEC officials may have colluded with outside parties to regulate cryptocurrencies in line with their personal financial interests. lawyer John Deaton According to Deaton, firstly, the judges declaration that there was no investment contract and no obligation to fulfill after the duty sale would result in an overwhelming victory for Ripple. The truth is the SEC does not have clean hands and has not and is not honoring its mission to protect investors.
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