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. The pro-XRP attorney and CryptoLaw founder expressed this in a 990 to the Maine Financial Services Committee on April 4th. But conflicts of interests dont get in the way at the SEC. Deaton has discussed his opinions on every possible outcome. La personne qui a lanc cette ptition a dcid d'agir. Ferez-vous la mme chose? Ripple and XRP Altcoins According to attorney Deaton, he purchased his first XRP coins in 2016 due to the assets use for cross-border payments and settlements. The legal expert also mentioned SEC cases against LBRY, Grayscale, and Voyager, where judges dismissed the regulators arguments as lacking clarity or making no sense, and even reprimanded the SECs ethics and behavior. 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. 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? 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.. 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 Monday. Its understandable for one to believe many of these tokens have been offered and sold as securities at some point. 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. Today, we have a fresh update for you. At the heart of the SECs case against Ripple, a dispute over legal advice. 02-16-00188-CV JOHN E. DEATON AND DEATON LAW FIRM, L.L.C. 27 Apr 2023 16:48:42 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. Please see our Privacy Policy. In mid-October, Ripple Labs CEO Brad Garlinghouseexpressed his "outrage"at the SEC over the years-long lawsuit against Ripple. See here for a complete list of exchanges and delays. 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 20-CV-10832. Law360 provides the intelligence you need to remain an expert and beat the competition. John earned the rank of Major and was awarded the Meritorious Service Medal and Navy Marine Corps Commendation Medal. This could include situations involving Twitter appearances, software updates, or legal teams, which Gensler and the SEC might consider sufficient for suspecting a crypto asset as securities requiring registration. I believe we have reached a turning point in the fight against the Securities and Exchange Commissions unfair and abusive treatment of XRP holders in its lawsuit against Ripple. The case is SEC v. Ripple Labs Inc, U.S. District Court, Southern District of New York, No. 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 Deaton then discussed his predictions for the result of the lawsuit, suggesting that the SEC would probably lose in one of four scenarios against Ripple. 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. 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. Bitcoin Price Tumbles To Near $28K Ahead Of FOMC Meeting! 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. Its understandable for one to believe many of these tokens have been offered and sold as securities at some point. The Deaton Law Firm routinely pursues matters against multi-billion dollar corporations. 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. The SEC sued Ripple in late 2020 under allegations that the company sold XRP as an unregistered security. APPELLANTS V. MARGARET MORENO AND LAW OFFICES OF STEVEN M. JOHNSON APPELLEES -----FROM THE 48TH DISTRICT COURT OF TARRANT COUNTY TRIAL COURT NO. 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. 3 Top Game-changing Cryptos Redefining Industries RenderToken (RNDR), Lukso (LYXE) and Collateral Network (COLT). The Deaton Law Firm is small, but gets the results of a larger firm. Copyright 2017 Deaton Law Firm, 450 N Broadway, East Providence, RI 02914 Deaton supported his assertion by mentioning four instances where different judges found the SECs arguments to be meritless. Commenting on why Ripples attorneys have chosen not to sue Hinman, attorney John Deaton, a lawyer representing 65,000 XRP holders, noted that Read on. Does this Mesothelioma Lawyer listing belong to you or your company? PLEASE NOTE: A verification email will be sent to your address before you can access your trial. East Providence, RI Mesothelioma Attorneys. Anita Jains practice focuses on litigation in the areas of real property, title, mechanics liens, complex business commercial disputes, and civil appeals. 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 The third possible conclusion, according to Deaton, is that the SEC wins outright. However, Garlinghouse has claimed that the SEC's lawsuit was a show of power rather than a legitimate attempt to enforce the law. All rights reserved, Published on April 04, 2023 15:48 GMT+00:00. He added that, as of now, there are 440 exhibits filed under seal. In order to ensure that justice is served during this time of medical crisis, a mesothelioma lawyer should be hired. 048-283747-16 --- John E Deaton (@JohnEDeaton1) March 31, 2023. 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. Attorney and XRP supporter John Deaton is optimistic that Coinbase will prevail in its lawsuit against the U.S. Securities and Exchange Commission (SEC).. In a Saturday tweet, Deaton mentioned that 3,000 XRP holders' affidavits had been submitted by Ripple. For the amici: John Deaton of the Deaton Law Firm, (CORRECTION: A previous version of this story said XRP was created in 2013. WebThe career criminal sentencing law known as Three Strikes and Youre Out was enacted in California in 1994. The SEC had argued against letting the token holders act as amici and present evidence. The Deaton Law Firm can help you navigate the legal landscape when filing a claim. The law doubled the minimum sentence for serious or violent felons He claimed that in the Ripple lawsuit, the judge shamed the SEC for not having a faithful allegiance to the law. ), Create custom alerts for specific article and case topics and, I took a free trial but didn't get a verification email. 990 here. The Deaton Law Firm strives to seek justice for victims and families. Mar 2006 - Present17 years 2 months. U.S. District Judge Analisa Torres wrote that the six holders of XRP, the world's seventh-largest cryptocurrency by market value, can offer opinions on certain legal questions in the lawsuit, which alleges the token is an unregistered security. According to Deaton, Genslers views imply that the SEC might find grounds for a crackdown on cryptocurrencies in various circumstances. Deaton Law Firm is located at 450 North Broadway in East Providence, RI 02914; (401) 351-6400; http://www.deatonlawfirm.com. Ripple and the executives have denied the allegations, and the company has argued that XRP has traded and been used as a digital currency. Deaton further pointed out that Gensler seems content with using the Howey Test, an outdated method from the first half of the 20th century, to try and prove that all cryptosapart from Bitcoinmust be illegal without SEC approval. Ive read the Coinbase Writ. 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. The lawyer represented XRP holders as an amicus curiae last year and continues to follow the case closely. "Exhibit 167 is broken into 26 parts. Surf The Daily Hodl Mix, Cryptocurrency news and analysis, covering Bitcoin, Ethereum, Ripple, XRP, altcoins and blockchain technology, Bitcoin Ethereum Trading Follow us on Twitter, Facebook and Telegram 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. Prior to establishing DLF, John worked for a Gary Gensler, the head of the U.S. Securities and Exchange Commission, recently testified before the House Finance Committee, revealing his understanding of regulatory duty. The law firm serves clients throughout Rhode Island, New England, and the surrounding areas, as well as national clients. 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. The SEC under Gary Gensler has refused to address these troubling questions, resisted Freedom of Information Act (FOIA) requests and ignored media reports. Law Journal: New England Journal of Criminal and Civil Confinement Eastern Michigan University, 1989 He and his qualified staff of professionals are motivated by a passionate desire to give personal and detailed attention to clients and their families. Screen for heightened risk individual and entities globally to help uncover hidden risks in business relationships and human networks. 990 to the Maine Financial Services Committee on April 4th. By limiting the number of cases, we can provide personal attention, comprehensive case work-up, expedited trial dates, and maximum financial compensation. Deaton is also the founder of the website CryptoLaw, which was launched in 2021 to be a clearinghouse of information, news and analysis on key U.S. legal and regulatory developments for digital asset holders, as well as the host of the YouTube channel CryptoLaw. 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.. Although the XRP community seems to believe that the U.S. SECs lawsuit against Ripple does not go to verdict, American lawyer John Deaton, the owner of the Deaton Law Firm, now thinks that we will get a decision by Judge Torres. As you may remember, on 22 December 2020, the SEC announced that it had filed an action against Similarly, XRPs use case would , 2023 CoinMarketCap. 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. Much of WebAttorney 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 Fax: (401) 351-6401. WebDeaton Law Firm. Deaton, Managing Partner of Deaton Law Firm, is the founder of CryptoLaw, a website focusing on U.S. legal and regulatory developments for digital asset holders, and the host She has 10+year experience in writing - accordingly she is avid journalists with a passion towards researching new insights coming into crypto erena. I am the owner of the Deaton Law Firm, which specializes in representing mesothelioma victims who were exposed to By Nicholas Say March 16, 2021. Coinpedia - Trusted Crypto Agency for News, Information, Exchange, PR, Blockchain Events, Crypto Wallet and Else related to Decentralized World. 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.. 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/. 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. 5 Best Crypto To Buy Now 26 April. Torres denied the XRP holders' bid to intervene as a class in the case, which she said would cause undue delay. Deaton wrote on Twitter, where the ruling was celebrated by cryptocurrency enthusiasts. If youre diagnosed with mesothelioma, contact the Rhode Island mesothelioma attorneys at the Deaton Law Firm. 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). East Providence Rhode Island Mesothelioma Lawyers, Providence Rhode Island Mesothelioma Attorneys, New Bedford Massachusetts Mesothelioma Law Firms, Wellesley Massachusetts Mesothelioma Lawyers, Quincy Massachusetts Mesothelioma Attorneys. Initially, in the memorandum of the law, Attorney John Deaton argued in favor of XRP. 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. All quotes delayed a minimum of 15 minutes. They are able to give each client individual attention, and get to know every single persons case thoroughly. We believe in quality over quantity, representing the most severely injured and suffering. The firm is dedicated to representing clients wrongfully injured by asbestos companies, pharmaceutical companies, and chemical companies. According to Deaton, the law is on the side of the US crypto exchange. Honors: Magna Cum Laude, Our Deaton Law Firm family is committed to finding justice for yours. Maine Senator Eric Brakey says he will be presenting L.D. Torres ruled they will only be allowed to make legal arguments on issues such as whether the case should be dismissed. Because the disease takes years to be discovered, individuals may not be aware that they have it, or even what caused it. After spending seven years on active duty as an officer in the U.S. Marine Corps, Mr. Deaton turned his attention to representing victims of asbestos. "There is no recourse, there is no consequence to those that brought this lawsuit. Interestingly, as of today, there are now over 70,000 XRP holders who have joined Deatons class action against the SEC. Browse an unrivalled portfolio of real-time and historical market data and insights from worldwide sources and experts. Maine Also Read: PayPals Crypto Push: Over 60 Million Venmo Users Can Now Transfer Crypto, Hence, what started with Silvergate is now seen similarly with the First Republic Bank. Industry Announcements, ABOUT US | EDITORIAL POLICY | PRIVACY POLICY 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 Ripple lawsuit. 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. The industry leader for online information for tax, accounting and finance professionals. Deaton detailed a series of actions, events, and conflicts to diminish the SECs case. Share article on social media or email: View article via: Build the strongest argument relying on authoritative content, attorney-editor expertise, and industry defining technology. Scams Crypto101 HodlX The fourth situation is that if no one wins, the case will be sent to the jury for comments and eventual determination. 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. 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. He said that this would make a huge difference since there would be a massive exhibit with hundreds of thousands of pages. 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. The firm litigates matters relating to asbestos exposure, toxic tort injuries, medical malpractice, and catastrophic personal injuries. Futuremash 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. WebBy John E Deaton I started CryptoLaw to provide everyday investors with a clearinghouse of information, news and analysis on key U.S. legal and regulatory developments for Brakey says the bill is modeled after a law in Wyoming, authorizing private financial institutions in Maine to accept deposits of cryptocurrencies such as Bitcoin with 100% reserve requirements. Which one of these outcomes do you think is the most plausible one for the Ripple vs SEC lawsuit? John Deaton will serve as your trial attorney. 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 29 Apr 2023 17:00:14 The SEC has sued some digital token issuers for selling unlicensed securities, while other assets such as Bitcoin and ether have avoided the label. In the legal profession, information is the key to success. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. 70,100 as of now. 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. For a free consultation and more information about your legal options, please contact us today. Reach her at jody.godoy@thomsonreuters.com. WebCOURT OF APPEALS SECOND DISTRICT OF TEXAS FORT WORTH NO. John Deaton, Managing Partner of the Deaton Law Firm, founded his law practice in 2006.

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