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. Commenting on why Ripples attorneys have chosen not to sue Hinman, attorney John Deaton, a lawyer representing 65,000 XRP holders, noted that ATTORNEY JOHN DEATON WANTS THE Surf The Daily Hodl Mix, Cryptocurrency news and analysis, covering Bitcoin, Ethereum, Ripple, XRP, altcoins and blockchain technology, Bitcoin Ethereum Trading The firm is dedicated to representing clients wrongfully injured by asbestos companies, pharmaceutical companies, and chemical companies. Deaton said that the public would be able to read "limited redacted versions of the opposition," but not the 56.1 statements, counter statements, exhibits, deposition testimony, and more until next year. In a Saturday tweet, Deaton mentioned that 3,000 XRP holders' affidavits had been submitted by Ripple. The SEC had argued against letting the token holders act as amici and present evidence. UNITED STATES DISTRICT COURT FOR THE DISTRICT OF Lawyer 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. XRP: FOX Business Senior Correspondent Says SEC Is Losing Please see our Privacy Policy. Deaton further pointed out that Gensler seems content with using the Howey Test, an outdated method from the first half of the 20th century, to try and prove that all cryptosapart from Bitcoinmust be illegal without SEC approval. Deaton went on to explain that the final proofreading could be ongoing or that the Judge could be in the proofreading stage. The third possible conclusion, according to Deaton, is that the SEC wins outright. Deaton has discussed his opinions on every possible outcome. 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. 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. WebFounded 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 John E Deaton (@JohnEDeaton1) March 31, 2023. 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 Deaton Law Firm routinely pursues matters against multi-billion dollar corporations. WebProfessional Experience. Looks like 3K XRP Holder Affidavits were submitted by Ripple," hesaidin a tweet. 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. 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. 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. Petition to Senators Sherrod Brown (D-OH) and Pat Toomey (R-PA), and Representatives Maxine Waters (D-CA) and Patrick McHenry (R-NC): We are writing to you as the Chairpersons and Ranking Members of the U.S. Congressional committees overseeing the Securities and Exchange Commission, because we are foreign citizens and digital asset holders who have been grievously harmed rather than protected by that agency. Lawyer John Deaton 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 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. Attorney John E. Deaton has asserted that judges would be forced to draw attention to perceived lack of allegiance to the law, overreach, and inconsistent statements from the United States Securities and Exchange Commission (SEC) in its crypto enforcement actions. CryptoLaw Founder Explains Why $XRP and $ETH Are Not Securities Today, we have a fresh update for you. The truth is the SEC does not have clean hands and has not and is not honoring its mission to protect investors. Maine CORRECTED: XRP holders seek to intervene in SEC's Ripple lawsuit 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. Law Journal: New England Journal of Criminal and Civil Confinement Eastern Michigan University, 1989 CryptoLaw | U.S. Legal and Regulatory News for Digital Asset Holders Maine Senator Eric Brakey says he will be presenting L.D. 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. Lawyer 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. Qadir Ak is the founder of Coinpedia. Every new development in this case is highly anticipated. 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. Follow us on Twitter, Facebook and Telegram John Deaton 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. Try our Advanced Search for more refined results. All rights reserved, Published on April 04, 2023 15:48 GMT+00:00. SEC targets XRP holders, Attorney John E. Deaton claims After the collapse of Silvergate and Signature Bank in March, the decline of First Republic Bank (FRC) stock raised fresh concerns over stability in the sector. 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. XRP Holders Can't Intervene In SEC's Ripple Suit - Law360 He had seven years of active duty, at which time he was a federal prosecutor and criminal defense attorney. Industry Announcements, ABOUT US | EDITORIAL POLICY | PRIVACY POLICY 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 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 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. Lawyer 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 PRWeb 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. In mid-October, Ripple Labs CEO Brad Garlinghouseexpressed his "outrage"at the SEC over the years-long lawsuit against Ripple. John Deaton Archives - CryptoLaw "Feel proud. At the heart of the SECs case against Ripple, a dispute over legal advice. The lawyer represented XRP holders as an amicus curiae last year and continues to follow the case closely. Anita Jains practice focuses on litigation in the areas of real property, title, mechanics liens, complex business commercial disputes, and civil appeals. The outcome of the Ripple v. SEC litigation, which is soon to be decided, has everyone on the edge of their seats. The Deaton Law Firm strives to seek justice for victims and families. Mesothelioma is a form of rare and deadly cancer that results from years of exposure to asbestos. Deaton has been an instrumental part in Ripples legal battle against the U.S. Securities and Exchange Commission (SEC), predicated on allegations that the firm sold XRP as an unregistered security. 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. 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 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.. 5 Best Crypto To Buy Now 26 April. By Dean Seal (October 4, 2021, 6:43 PM EDT) -- A New York federal judge ruled Monday that purchasers of Ripple Labs Inc.'s signature digital asset, XRP, could not intervene in the company's closely watched legal battle with the U.S. Securities and Exchange Commission. U.S. District Court for the Southern District of New York, Access to case data within articles (numbers, filings, courts, nature of suit, and more. Our Standards: The Thomson Reuters Trust Principles. 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. 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. 29 Apr 2023 17:00:14 If the motion is approved by Judge Torres, XRP holders will be able to appear as third-party defendants in the lawsuit. 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La personne qui a lanc cette ptition a dcid d'agir. WebJohn Deaton of the Deaton Law Firm, an asbestos litigation firm based in Rhode Island, represents the proposed intervenors including his daughter, Jordan. Russia To Use Evil Cryptocurrency For Foreign Trade; Heres Why. 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 Crypto Expert Says Banking Crisis Just Starting; Heres Why 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. It was created in 2012. PLEASE NOTE: A verification email will be sent to your address before you can access your trial. Deaton 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. Maine Senator Eric Brakey says he will be presenting L.D. Rhode Island: (401) 351-6400 Toll Free Nationwide: (877) 351-9818 Email: all-deaton@deatonlawfirm.com. 28 Apr 2023 19:28:32 The Deaton Law Firm can help you navigate the legal landscape when filing a claim. Russia To Use Evil Cryptocurrency For Foreign Trade; Heres Why. The firm litigates matters relating to asbestos exposure, toxic tort injuries, medical malpractice, and catastrophic personal injuries. Jody Godoy reports on banking and securities law. "Exhibit 167 is broken into 26 parts. 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 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. After overwhelming demand in the reply section, Brakey addressed Deaton. Reuters, the news and media division of Thomson Reuters, is the worlds largest multimedia news provider, reaching billions of people worldwide every day. He and his qualified staff of professionals are motivated by a passionate desire to give personal and detailed attention to clients and their families. He has also interviewed a few prominent experts within the cryptocurrency space. The SECs pursuit of a policy objective isnt about a faithful allegiance to the law. Reach her at jody.godoy@thomsonreuters.com. We believe in quality over quantity, representing the most severely injured and suffering. Coinbase Will Win Lawsuit Against SEC, Predicts Pro-XRP Lawyer All rights reserved, Published on April 29, 2023 05:20 GMT+00:00. "My daughter is an example of an XRP Holder who had never heard of XRP Lawyer In Maine Public Hearing: Bitcoin Is Not Attorney and XRP supporter John Deaton is optimistic that Coinbase will prevail in its lawsuit against the U.S. Securities and Exchange Commission (SEC).. lawyer John Deaton The industry leader for online information for tax, accounting and finance professionals. But you cant ignore both facts and the law. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. Exclusive news, data and analytics for financial market professionals, Law firms and corporate law departments find strategic partners in ALSPs, US regulation after SVBs collapse: What regulators can do and where Congress needs to act, Ransomware & crypto: The growing compliance challenge, Insights in Action: Corporate law departments find their outside firms innovation lagging, but there may be little incentive to change, SEC loses bid for Ripple legal docs in $1.38 billion XRP battle, At the heart of the SECs case against Ripple, a dispute over legal advice, American Airlines pilots authorize a strike mandate, Regulators seize First Republic Bank, sell assets to JPMorgan, Exclusive: Subway comes up with debt plan to clinch $10 billion-plus sale, JPMorgan's takeover of First Republic fuels M&A expectations. Lawyer WebThe career criminal sentencing law known as Three Strikes and Youre Out was enacted in California in 1994. Already a subscriber? John Deaton will serve as your trial attorney. Is Massive Correction On The Horizon. He left the big firm environment because of his passionate desire to personally represent each of his clients to work on each and every case. Torres ruled they will only be allowed to make legal arguments on issues such as whether the case should be dismissed. WebPhone: (401) 351-6400. https://www.crypto-law.us/the-ethereum-free-pass-fair-notice-and-the-fight-ahead/. Deaton detailed a series of actions, events, and conflicts to diminish the SECs case. John E Deaton (@JohnEDeaton1) / Twitter Attorney Deaton realizes the importance of knowing his clients and their loved ones. 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. All quotes delayed a minimum of 15 minutes. 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. 990 to the Maine Financial Services Committee on April 4th. 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. Share article on social media or email: View article via: See here for a complete list of exchanges and delays. Law360 may contact you in your professional capacity with information about our other products, services and events that we believe may be of interest.Youll be able to update your communication preferences via the unsubscribe link provided within our communications.We take your privacy seriously. This comes amid reports that the banks seizure would soon be initiated by the Federal Deposit Insurance Corporation. John E. Deaton, the attorney who has previously filed a Motion to Intervene in the name of XRP holders, admitted that it is a big deal to subpoena a former high Scams Crypto101 HodlX The pro-XRP attorney and CryptoLaw founder expressed this in a "My outrage has grown as the litigation has unfolded," he said. Blockchain Regulators Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers. The stonewalling must end if there can be any faith in the markets and in government oversight. John 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). Because the disease takes years to be discovered, individuals may not be aware that they have it, or even what caused it. Law Office of Janice Deaton In the legal profession, information is the key to success. 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. John 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. 3 Top Game-changing Cryptos Redefining Industries RenderToken (RNDR), Lukso (LYXE) and Collateral Network (COLT). 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. 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. Lawyer 048-283747-16 --- 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. The SEC under Gary Gensler has refused to address these troubling questions, resisted Freedom of Information Act (FOIA) requests and ignored media reports. According to attorney Deaton, he purchased his first XRP coins in 2016 due to the assets use for cross-border payments and settlements. Deaton has discussed his opinions on every possible outcome. 02-16-00188-CV JOHN E. DEATON AND DEATON LAW FIRM, L.L.C. Check Price Action John 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. #XRP lawyer John Deaton praised Coinbase's response to the SEC, saying that it sets an example of how to stand up for one's interests by extending the olive branch of dialogue and cooperation while demonstrating firmness and unwavering in their beliefs 28 Apr 2023 19:28:32 In a recent tweet, the Crypto Law founder called on the XRP community to provide info about Ripple, Bitcoin, and Ethereums market capitalization as of January 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.. WebCOURT OF APPEALS SECOND DISTRICT OF TEXAS FORT WORTH NO. Attorney Deaton files for intervention Lawyer The most comprehensive solution to manage all your complex and ever-expanding tax and compliance needs. For the amici: John Deaton of the Deaton Law Firm, (CORRECTION: A previous version of this story said XRP was created in 2013. 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). "We were all granted amicus status today!" He also touched upon the impact of the banking crisis and the global implications it had. Deaton John Deaton, Managing Partner of the Deaton Law Firm, founded his law practice in 2006. 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. Law360 takes your privacy seriously. According to Deaton, Genslers views imply that the SEC might find grounds for a crackdown on cryptocurrencies in various circumstances. They are able to give each client individual attention, and get to know every single persons case thoroughly. Ripple's founders created XRP in 2012. See here for a complete list of exchanges and delays. 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 petition that Coinbase filed in 2022. John Deaton, a prominent highly-respected attorney closely monitoring the U.S. SECs lawsuit against FinTech firm Ripple, has shared his thoughts on why XRPUSDT and ETHUSDT should not be considered securities.. Deaton, Managing Partner of Deaton Law Firm, is the founder of CryptoLaw, a website focusing on U.S. legal and regulatory Prior to establishing this law firm in Rhode Island, John Deaton was in the United States Marine Corp. Deaton The law doubled the minimum sentence for serious or violent felons Mar 2006 - Present17 years 2 months. All trademarks and copyrights on this page belong to their respective owners. Torres denied the XRP holders' bid to intervene as a class in the case, which she said would cause undue delay. The truth is the SEC does not have clean hands and has not and is not honoring its mission to protect investors. CryptoLaw International Connect to Congress - Change.org Browse an unrivalled portfolio of real-time and historical market data and insights from worldwide sources and experts. East Providence, RI Mesothelioma Attorneys. 70,100 as of now. 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 The Deaton Law Firm - Mesothelioma Lawyers The Deaton Law Firm is small, but gets the results of a larger firm. 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. You can register to testify for L.D. The Ripple v. SEC Saga Continues as XRP Holders Join The Lawsuit When you have a massive exhibit w/hundreds thousands of pages, the system cant handle all as one exhibit and must be broken up. Similarly, XRPs use case would , 2023 CoinMarketCap. In order to ensure that justice is served during this time of medical crisis, a mesothelioma lawyer should be hired. WebDeaton Law Firm.

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