It was created in 2012. 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. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers. 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. Access unmatched financial data, news and content in a highly-customised workflow experience on desktop, web and mobile. 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. 5 Best Crypto To Buy Now 26 April. Deaton went on to explain that the final proofreading could be ongoing or that the Judge could be in the proofreading stage. 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. 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. Your voices are being heard. Reuters, the news and media division of Thomson Reuters, is the worlds largest multimedia news provider, reaching billions of people worldwide every day. A quick 3min read about today's crypto news! APPELLANTS V. MARGARET MORENO AND LAW OFFICES OF STEVEN M. JOHNSON APPELLEES -----FROM THE 48TH DISTRICT COURT OF TARRANT COUNTY TRIAL COURT NO. But you cant ignore both facts and the law. He has also interviewed a few prominent experts within the cryptocurrency space. Password (at least 8 characters required). Please see our Privacy Policy. 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? According to attorney Deaton, he purchased his first XRP coins in 2016 due to the assets use for cross-border payments and settlements. John E Deaton @JohnEDeaton1 Founder of Crypto-Law.us and Managing Partner of the Deaton Law Firm; Bitcoin; ETH, XRP; Blockchain enthusiast; lawyer; Follow us on Twitter, Facebook and Telegram 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 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. The XRP tokenholders sought to intervene in March, saying they were de facto defendants in the case and wanted to protect their interests. At the heart of the SECs case against Ripple, a dispute over legal advice. Rhode Island: (401) 351-6400 Toll Free Nationwide: (877) 351-9818 Email: all-deaton@deatonlawfirm.com. He spoke at a public hearing at the Maine Financial Services Committee on Tuesday. 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 Looks like 3K XRP Holder Affidavits were submitted by Ripple," hesaidin a tweet. 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. 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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. Try our Advanced Search for more refined results. For a free consultation and more information about your legal options, please contact us today. 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 All trademarks and copyrights on this page belong to their respective owners. By John E. Deaton, Founder and Host, CryptoLaw. 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. John Deaton will serve as your trial attorney. Torres ruled they will only be allowed to make legal arguments on issues such as whether the case should be dismissed. 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. 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. WebDeaton Law Firm. 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 John Deaton, Managing Partner of the Deaton Law Firm, founded his law practice in 2006. Prior to establishing DLF, John worked for a 28 Apr 2023 19:28:32 Click here to login, 2023, Portfolio Media, Inc. | About | Contact Us | Legal Jobs | Advertise with Law360 | Careers at Law360 | Terms | Privacy Policy | Cookie Settings | Help | Site Map, Enter your details below and select your area(s) of interest to stay ahead of the curve and receive Law360's daily newsletters, Email (NOTE: Free email domains not supported). Deaton stated, Ripple has agreed that they would settle the case before. I am the owner of the Deaton Law Firm, which specializes in representing mesothelioma victims who were exposed to Jody Godoy reports on banking and securities law. 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 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. 29 Apr 2023 17:00:14 According to attorney Deaton, he purchased his first XRP coins in 2016 due to the assets use for cross-border payments and settlements. The Deaton Law Firm can help you navigate the legal landscape when filing a claim. 990 to the Maine Financial Services Committee on April 4th. The SEC had argued against letting the token holders act as amici and present evidence. WebCOURT OF APPEALS SECOND DISTRICT OF TEXAS FORT WORTH NO. He added that, as of now, there are 440 exhibits filed under seal. 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. Does this Mesothelioma Lawyer listing belong to you or your company? WebJohn Deaton of the Deaton Law Firm, an asbestos litigation firm based in Rhode Island, represents the proposed intervenors including his daughter, Jordan. WebJohnson, and his law firm (Law Offices of Steven M. Johnson P.C., d/b/a the Johnson Law Firm) (collectively JLF) over the sharing of the attorneys fees generated through the settlement of more than a hundred Kugel Mesh claims. Because the disease takes years to be discovered, individuals may not be aware that they have it, or even what caused it. See here for a complete list of exchanges and delays. Read on. Its about power.". Qadir Ak is the founder of Coinpedia. In the legal profession, information is the key to success. Attorney and XRP supporter John Deaton is optimistic that Coinbase will prevail in its lawsuit against the U.S. Securities and Exchange Commission (SEC).. The Deaton Law Firm routinely pursues matters against multi-billion dollar corporations. Pro-XRP lawyer John Deaton has explained how Coinbase has solid grounds and how the crypto industry will eventually triumph in the court. 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. 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. Coinpedia - Trusted Crypto Agency for News, Information, Exchange, PR, Blockchain Events, Crypto Wallet and Else related to Decentralized World. Attorney Deaton realizes the importance of knowing his clients and their loved ones. The case is SEC v. Ripple Labs Inc, U.S. District Court, Southern District of New York, No. Ripple and the executives have denied the allegations, and the company has argued that XRP has traded and been used as a digital currency. The outcome of the Ripple v. SEC litigation, which is soon to be decided, has everyone on the edge of their seats. Is Massive Correction On The Horizon. In , 2023 CoinMarketCap. 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
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