Blockchain Regulators The Ripple v. SEC Saga Continues as XRP Holders Join The Lawsuit John E. Deaton, the lawyer representing XRP holders in the motion, says he also has notified the Securities and Exchange John Deaton - Managing Partner - Deaton Law Firm | LinkedIn The truth is the SEC does not have clean hands and has not and is not honoring its mission to protect investors. He added that, as of now, there are 440 exhibits filed under seal. Futuremash See here for a complete list of exchanges and delays. According to Deaton, Genslers views imply that the SEC might find grounds for a crackdown on cryptocurrencies in various circumstances. "My outrage has grown as the litigation has unfolded," he said. 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. Fax: (401) 351-6401. 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. He said that this would make a huge difference since there would be a massive exhibit with hundreds of thousands of pages. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. 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. The SEC's enforcement actions on cryptocurrencies have involved the appearance of improprieties and conflicts of interest among officials, and should be investigated. ), SEC loses bid for Ripple legal docs in $1.38 billion XRP battle Address:450 N BroadwayEast Providence, RI 2914Phone: 401-351-6400Fax: 401-351-6401Toll Free: 877-351-9818, Service Areas:East Providence, Rhode Island, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, D.C., Florida, Georgia, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Mexico, New Jersey, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming, Mesothelioma Lawyers in New Bedford Massachusetts, Massachusetts Mesothelioma Lawyers in Wellesley, Quincy Massachusetts Mesothelioma Law Firm, Quincy Massachusetts Mesothelioma Lawyers, Massachusetts Mesothelioma Law Firm in Boston, Mesothelioma Law Firm in Boston Massachusetts. 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. Deaton has discussed his opinions on every possible outcome. 3 Top Game-changing Cryptos Redefining Industries RenderToken (RNDR), Lukso (LYXE) and Collateral Network (COLT), XRP Price Explosion: Analyst Speculates on a Staggering 300% Surge. The Deaton Law Firm is small, but gets the results of a larger firm. See here for a complete list of exchanges and delays. 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. Crypto Expert Says Banking Crisis Just Starting; Heres Why Qadir Ak is the founder of Coinpedia. Initially, in the memorandum of the law, Attorney John Deaton argued in favor of XRP. ), Create custom alerts for specific article and case topics and, I took a free trial but didn't get a verification email. ANITA JAIN MDJA Law 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.. 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. Attorney Deaton realizes the importance of knowing his clients and their loved ones. Deaton But you cant ignore both facts and the law. Maine Similarly, XRPs use case would , 2023 CoinMarketCap. Deaton wrote on Twitter, where the ruling was celebrated by cryptocurrency enthusiasts. You have to know whats happening with clients, competitors, practice areas, and industries. The SECs pursuit of a policy objective isnt about a faithful allegiance to the law. (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. 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. WebIn this case, Plaintiffs John Deaton and his law firm (the Deaton Law Firm) (collectively Deaton) have launched a new chapter 1 of his messy fight with a Texas attorney, Steven 1 As of this writing, the following are the published decisions (most only online) dealing with the Deaton/JLF battle Is Massive Correction On The Horizon. 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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. The third possible conclusion, according to Deaton, is that the SEC wins outright. John E Deaton (@JohnEDeaton1) March 31, 2023. In mid-October, Ripple Labs CEO Brad Garlinghouseexpressed his "outrage"at the SEC over the years-long lawsuit against Ripple. Reuters, the news and media division of Thomson Reuters, is the worlds largest multimedia news provider, reaching billions of people worldwide every day. Which one of these outcomes do you think is the most plausible one for the Ripple vs SEC lawsuit? Browse an unrivalled portfolio of real-time and historical market data and insights from worldwide sources and experts. And they call it: Decentralized Justice.". 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. John E. Deaton filed a motion to intervene in the Ripple case against the SEC yesterday on behalf of 6,000 XRP investors to date. It was created in 2012. By Nicholas Say March 16, 2021. We, the undersigned, ask that you use your oversight responsibility to open an investigation into the SEC's enforcement practices on cryptocurrencies and the apparent conflicts of interest among those responsible for issuing guidance and taking enforcement actions. Jody Godoy reports on banking and securities law. CryptoLaw International Connect to Congress - Change.org John E Deaton on Twitter: "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. 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. 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. SEC targets XRP holders, Attorney John E. Deaton claims La personne qui a lanc cette ptition a dcid d'agir. 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. Much of Lawyer Deaton Merkle Trade Launches First Trading Contest with a $3,000 Prize Pool, Wild Bitcoin Price Swings Trigger $150 Million in Liquidations in BTC Futures Market Here Are the Key Themes Driving the Market Right Now, Why are Crypto Prices Are Pumping Today? 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 The most comprehensive solution to manage all your complex and ever-expanding tax and compliance needs. Deaton Try our Advanced Search for more refined results. Crypto Expert Says Banking Crisis Just Starting; Heres Why Monday, October 24, would be a big "reveal" as both Ripple and the SEC are expected to file publicly redacted versions of the opposition briefs. A quick 3min read about today's crypto news! 28 Apr 2023 19:28:32 John Deaton Archives - CryptoLaw 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. Over 6,000 XRP holders have joined a motion to intervene filed by Deaton Law Firm on Sunday 14th of March of 2021 in an attempt to intervene as a third-party defendant. They are able to give each client individual attention, and get to know every single persons case thoroughly. Russia To Use Evil Cryptocurrency For Foreign Trade; Heres Why. 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.. 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