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.. 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. Founder of Deaton Law Firm, Attorney John Deaton has just recently filed a motion with the court to participate in the lawsuit as representative of XRP holders. He added that, as of now, there are 440 exhibits filed under seal. 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 In the legal profession, information is the key to success. According to Deaton, the law is on the side of the US crypto exchange. Pro-XRP lawyer John Deaton has explained how Coinbase has solid grounds and how the crypto industry will eventually triumph in the court. John earned the rank of Major and was awarded the Meritorious Service Medal and Navy Marine Corps Commendation Medal. APPELLANTS V. MARGARET MORENO AND LAW OFFICES OF STEVEN M. JOHNSON APPELLEES -----FROM THE 48TH DISTRICT COURT OF TARRANT COUNTY TRIAL COURT NO. In a Saturday tweet, Deaton mentioned that 3,000 XRP holders' affidavits had been submitted by Ripple. 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. Law Journal: New England Journal of Criminal and Civil Confinement Eastern Michigan University, 1989 The SEC sued Ripple in late 2020 under allegations that the company sold XRP as an unregistered security. 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. 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. 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. #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. Attorney Deaton realizes the importance of knowing his clients and their loved ones. 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. In , 2023 CoinMarketCap. Browse an unrivalled portfolio of real-time and historical market data and insights from worldwide sources and experts. CryptoLaw International Connect to Congress - Change.org 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. "Feel proud. John Deaton will serve as your trial attorney. 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. All quotes delayed a minimum of 15 minutes. Please see our Privacy Policy. You can register to testify for L.D. Coinpedia - Trusted Crypto Agency for News, Information, Exchange, PR, Blockchain Events, Crypto Wallet and Else related to Decentralized World. WebThe career criminal sentencing law known as Three Strikes and Youre Out was enacted in California in 1994. Lawyer "We were all granted amicus status today!" Lawyer John Deaton The outcome of the Ripple v. SEC litigation, which is soon to be decided, has everyone on the edge of their seats. PRWeb If the motion is approved by Judge Torres, XRP holders will be able to appear as third-party defendants in the lawsuit. 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. Maine Senator Eric Brakey says he will be presenting L.D. John John E. Deaton, the lawyer representing XRP holders in the motion, says he also has notified the Securities and Exchange 02-16-00188-CV JOHN E. DEATON AND DEATON LAW FIRM, L.L.C. He had seven years of active duty, at which time he was a federal prosecutor and criminal defense attorney. See here for a complete list of exchanges and delays. We believe in quality over quantity, representing the most severely injured and suffering. The SECs pursuit of a policy objective isnt about a faithful allegiance to the law. Share article on social media or email: View article via: He and his qualified staff of professionals are motivated by a passionate desire to give personal and detailed attention to clients and their families. Its understandable for one to believe many of these tokens have been offered and sold as securities at some point. The most comprehensive solution to manage all your complex and ever-expanding tax and compliance needs. 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. 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. The firm litigates matters relating to asbestos exposure, toxic tort injuries, medical malpractice, and catastrophic personal injuries. 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. Build the strongest argument relying on authoritative content, attorney-editor expertise, and industry defining technology. Is Massive Correction On The Horizon. The SEC's enforcement actions on cryptocurrencies have involved the appearance of improprieties and conflicts of interest among officials, and should be investigated. Deaton detailed a series of actions, events, and conflicts to diminish the SECs case. WebCOURT OF APPEALS SECOND DISTRICT OF TEXAS FORT WORTH NO. 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. Deaton 990 to the Maine Financial Services Committee on April 4th. 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. And they call it: Decentralized Justice.". WebProfessional Experience. Access unmatched financial data, news and content in a highly-customised workflow experience on desktop, web and mobile. #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 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 Scams Crypto101 HodlX XRP Holders Can't Intervene In SEC's Ripple Suit - Law360 The Deaton Law Firm can help you navigate the legal landscape when filing a claim. 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. Mar 2006 - Present17 years 2 months. Try our Advanced Search for more refined results. Law Office of Janice Deaton 5 Best Crypto To Buy Now 26 April. Lawyer Deaton went on to explain that the final proofreading could be ongoing or that the Judge could be in the proofreading stage. John Team Profiles - Deaton Law Firm 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 When you have a massive exhibit w/hundreds thousands of pages, the system cant handle all as one exhibit and must be broken up. Anita Jains practice focuses on litigation in the areas of real property, title, mechanics liens, complex business commercial disputes, and civil appeals. You have to know whats happening with clients, competitors, practice areas, and industries. Follow us on Twitter, Facebook and Telegram The third possible conclusion, according to Deaton, is that the SEC wins outright. She has 10+year experience in writing - accordingly she is avid journalists with a passion towards researching new insights coming into crypto erena. Your voices are being heard. "My outrage has grown as the litigation has unfolded," he said. 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. lawyer John Deaton The case is being closely watched by attorneys in the crypto space, as regulators continue to grapple with how to regulate the asset class. XRP: FOX Business Senior Correspondent Says SEC Is Losing XRP Holders are Seeking intervention in the SEC's Lawsuit Against I am the owner of the Deaton Law Firm, which specializes in representing mesothelioma victims who were exposed to John 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. Which one of these outcomes do you think is the most plausible one for the Ripple vs SEC lawsuit? Deaton stated, Ripple has agreed that they would settle the case before. The SEC under Gary Gensler has refused to address these troubling questions, resisted Freedom of Information Act (FOIA) requests and ignored media reports. For the amici: John Deaton of the Deaton Law Firm, (CORRECTION: A previous version of this story said XRP was created in 2013. WebPhone: (401) 351-6400. The SEC has sued some digital token issuers for selling unlicensed securities, while other assets such as Bitcoin and ether have avoided the label. The case is SEC v. Ripple Labs Inc, U.S. District Court, Southern District of New York, No. 990 to the Maine Financial Services Committee on April 4th. Lawyer John Deaton 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. ), Create custom alerts for specific article and case topics and, I took a free trial but didn't get a verification email. 3 Top Game-changing Cryptos Redefining Industries RenderToken (RNDR), Lukso (LYXE) and Collateral Network (COLT). 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. 27 Apr 2023 16:48:42 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. 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. In response to the U.S. Securities and Exchange Commission's motion for summary judgment, Deaton said that hundreds of exhibits had been filed as Ripple and individual defendants submitted memorandums of law over the past week. 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. Every new development in this case is highly anticipated. 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 CORRECTED: XRP holders seek to intervene in SEC's Ripple lawsuit John Deaton, Managing Partner of the Deaton Law Firm, founded his law practice in 2006. 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. 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. WebJanice Deaton is a criminal defense attorney with over 30 years experience. John Deaton - Managing Partner - Deaton Law Firm | LinkedIn He also touched upon the impact of the banking crisis and the global implications it had. 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 29 Apr 2023 17:00:14 Qadir Ak is the founder of Coinpedia. Read on. 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. John Deaton Reuters, the news and media division of Thomson Reuters, is the worlds largest multimedia news provider, reaching billions of people worldwide every day. Its understandable for one to believe many of these tokens have been offered and sold as securities at some point. Jody Godoy reports on banking and securities law. Deatons statement came as a response to a tweet by former SEC enforcement official John Reed Stark, who highlighted that the SEC had started a crackdown on US-based cryptocurrency exchanges. 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. Attorney Deaton files for intervention 990 here. "Exhibit 167 is broken into 26 parts. Although sealed, it has been filed as ECF 655-1-26. 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. 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. SEC targets XRP holders, Attorney John E. Deaton claims The firm is dedicated to representing clients wrongfully injured by asbestos companies, pharmaceutical companies, and chemical companies. ), SEC loses bid for Ripple legal docs in $1.38 billion XRP battle He brings the same dedication he had in the Marine Corps to his practice as a Rhode Island Mesothelioma attorney. 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 29 Apr 2023 17:00:14 Judge in Ripple cryptocurrency case wants token holders' views 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. Crypto Expert Says Banking Crisis Just Starting; Heres Why 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