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XRP representative John E Deaton feels that ETH is an alphanumeric code and as such the SEC labeling ETH as security is wrong. “I’m not saying the gov’t shouldn’t go after bad actors. Going after individuals who broke the law is different”, he stated. Deaton who is a former Marine-turned-class-action lawyer shared his thoughts on […]
Ripple’s attorney John E Deaton has expressed concern over the U.S. Securities and Exchange Commission’s [SEC] unlawful expansion of the Howey Test. As mentioned above, in categorizing the tokens as a security, the SEC’s complaint cites the Howey Test, under which a digital asset, including a “crypto asset security” will be deemed security “if it constitutes […]
Pro-XRP lawyer and founder of CryptoLaw, John Deaton, has boldly challenged the United States Securities and Exchange Commission (SEC) regarding their classification of secondary XRP sales as securities. Deaton responded to a Twitter post by Marc Fagel, a former partner at Gibson law firm, by presenting a hypothetical scenario involving the progressive movement of XRP […]
The court case between SEC and Ripple Labs has been ongoing for nearly two and a half years, but a summary judgment ruling could be made any day.
John E. Deaton, an attorney, and XRP advocate claimed on Twitter that regulators have shifted their strategy and are now targeting Ethereum. To justify his claims, Deaton cited the NYAG/KuCoin lawsuit where the former had accused the exchange of selling ETH as unregistered securities. The founder of the CryptoLaw firm noted that NYAG’s decision to […]
XRP representative John E Deaton and former SEC advisor J.W. Verret held a long discussion touching topics like his latest class action suit against NYAG’s claim that Ethereum [ETH] is security. He along with Verret also spoke on Ripple’s pursuing the case with the SEC to the Supreme court. As per Deaton, until Congress establishes […]
XRP-focused attorney John E Deaton has indicated his intention to stand up for the users of Binance and Coinbase by submitting an amicus brief on their behalf against the SEC. Deaton, a staunch SEC critic frequently spars with the regulator, accusing it of lying to protect users, users, and holders of digital assets. In a […]
XRP proponent and famed attorney John E Deaton joined industry experts in denouncing SEC following BlackRock’s recent naming of Coinbase as an SSA partner in an updated spot filing. In his tweet, Deaton drew attention to the irony of the SEC’s conspicuous silence on BlackRock’s inclusion of Coinbase as its SSA equivalent while charging the […]
At the forefront of a Twitter discussion, John Deaton, a prominent attorney and founder of CryptoLaw, raises concerns about the Securities and Exchange Commission’s (SEC) lawsuit against Ripple Labs, questioning the underlying motives. Deaton insists that the American public should be informed about the discussions between former SEC Chair Jay Clayton and Gary Gensler on […]
In a surprising turn of events, Attorney John Deaton, founder of Crypto-Law.US, has urged the cryptocurrency community to re-evaluate Sygnum Bank’s endorsement of three prominent digital assets – Bitcoin (BTC), Ethereum (ETH), and XRP. Sygnum Bank’s Head of Management had previously advised the public to increase their exposure to “tokens of the future” in a […]
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