Attorney Deaton dispels rumors claiming that the SEC vs. Ripple’s lawsuit was staged.  In a recent broadcast, Pro-XRP lawyer John E. Deaton dismissed widespread rumors claiming that the ongoing SEC vs. Ripple lawsuit was staged.  Deaton explained that if there were a “secret plot,” he and other 76K XRP investors would not have been involved in […] The post Deaton Says There Is “No Secret Plot” for SEC Vs. Ripple Lawsuit  first appeared on The Crypto Basic.

Deaton Says There Is “No Secret Plot” for SEC Vs. Ripple Lawsuit 

Attorney Deaton dispels rumors claiming that the SEC vs. Ripple’s lawsuit was staged. 

In a recent  broadcast , Pro-XRP lawyer John E. Deaton dismissed widespread rumors claiming that the ongoing SEC vs. Ripple lawsuit was staged. 

Deaton explained that if there were a “secret plot,” he and other 76K XRP investors would not have been involved in the case. 

“If there was a secret plot, then why am I here? If there was a secret plot, why did 76,000 people get together?”  he said. 

Attorney Deaton explained that his motion to intervene has never been filed in the United States, where individual investors would request to be actual defendants in a lawsuit. 

Deaton Says SEC Vs. Ripple Case Is Real 

He clarified that the ongoing SEC vs. Ripple legal tussle is real. Furthermore, Deaton said everything about the legal battle is real, including the $200 million Ripple has spent defending itself. 

According to Deaton, Coinbase and Kraken delisting XRP due to the lawsuit was also real.  Deaton added that he has been in the courtroom and has seen the back-and-forth arguments between the SEC and Ripple’s legal counsel. 

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