Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers. Ripple and XRP Altcoins Ferez-vous la mme chose? 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. The Deaton Law Firm can help you navigate the legal landscape when filing a claim. 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. [{"url":"https:\/\/cryptonews.com\/news\/best-crypto-to-buy.htm","name":"Best crypto to buy now","children":[]}], Crypto Lawyer John Deaton Praises XRP Holders For Efforts During Ripple Lawsuit Find Out What He Said, Top Bridgewater Executive Joins Crypto Investment Management Firm BlockTower Capital, Chinas WeChat to Allow More In-app CBDC Payments Digital Yuan Pilot Accelerates, Hong Kong Regulators Set to Reveal Crypto Exchange License Guidelines in May. Try our Advanced Search for more refined results. 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? The XRP holders including Deaton's daughter, Jordan, said in their bid to intervene in the case that the token lost $15 billion in value when crypto exchanges in the U.S., including Coinbase, delisted or suspended trading in XRP after the SEC sued. It was created in 2012. 048-283747-16 --- For the amici: John Deaton of the Deaton Law Firm, (CORRECTION: A previous version of this story said XRP was created in 2013. 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. 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. If youre diagnosed with mesothelioma, contact the Rhode Island mesothelioma attorneys at the Deaton Law Firm. And they call it: Decentralized Justice.". 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. East Providence, RI Mesothelioma Attorneys. Commenting on why Ripples attorneys have chosen not to sue Hinman, attorney John Deaton, a lawyer representing 65,000 XRP holders, noted that Industry Announcements, ABOUT US | EDITORIAL POLICY | PRIVACY POLICY All trademarks and copyrights on this page belong to their respective owners. 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. Please see our Privacy Policy. 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/. Every new development in this case is highly anticipated. In mid-October, Ripple Labs CEO Brad Garlinghouseexpressed his "outrage"at the SEC over the years-long lawsuit against Ripple. 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. Deaton Law Firm is located at 450 North Broadway in East Providence, RI 02914; (401) 351-6400; http://www.deatonlawfirm.com. Its understandable for one to believe many of these tokens have been offered and sold as securities at some point. The law doubled the minimum sentence for serious or violent felons The truth is the SEC does not have clean hands and has not and is not honoring its mission to protect investors. Looks like 3K XRP Holder Affidavits were submitted by Ripple," hesaidin a tweet. 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. Elena is an expert in technical analysis and risk management in cryptocurrency market. The Deaton Law Firm strives to seek justice for victims and families. Crypto lawyer and XRP supporter John Deaton is giving his take on when Ripples legal tussle with the U.S. Securities and Exchange Commission (SEC) could end.. Scams Crypto101 HodlX The outcome of the Ripple v. SEC litigation, which is soon to be decided, has everyone on the edge of their seats. 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). All rights reserved, Published on April 04, 2023 15:48 GMT+00:00. The SEC had argued against letting the token holders act as amici and present evidence. He spoke at a public hearing at the Maine Financial Services Committee on Tuesday. The law firm serves clients throughout Rhode Island, New England, and the surrounding areas, as well as national clients. Although sealed, it has been filed as ECF 655-1-26. 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. 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. Blockchain Regulators You can register to testify for L.D. Qadir Ak is the founder of Coinpedia. When you have a massive exhibit w/hundreds thousands of pages, the system cant handle all as one exhibit and must be broken up. 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. 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. Our Standards: The Thomson Reuters Trust Principles. 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. 29 Apr 2023 17:00:14 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. https://www.crypto-law.us/the-ethereum-free-pass-fair-notice-and-the-fight-ahead/. Your voices are being heard. 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. 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.. 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 The Deaton Law Firm routinely pursues matters against multi-billion dollar corporations. Rhode Island: (401) 351-6400 Toll Free Nationwide: (877) 351-9818 Email: all-deaton@deatonlawfirm.com. Law360 provides the intelligence you need to remain an expert and beat the competition. The firm litigates matters relating to asbestos exposure, toxic tort injuries, medical malpractice, and catastrophic personal injuries. 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. 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. 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. According to attorney Deaton, he purchased his first XRP coins in 2016 due to the assets use for cross-border payments and settlements. 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 third possible conclusion, according to Deaton, is that the SEC wins outright. At the heart of the SECs case against Ripple, a dispute over legal advice. Browse an unrivalled portfolio of real-time and historical market data and insights from worldwide sources and experts. Deaton detailed a series of actions, events, and conflicts to diminish the SECs case. In a Saturday tweet, Deaton mentioned that 3,000 XRP holders' affidavits had been submitted by Ripple. The firm is dedicated to representing clients wrongfully injured by asbestos companies, pharmaceutical companies, and chemical companies. Ripple's founders created XRP in 2012. The Deaton Law Firm is small, but gets the results of a larger firm. He brings the same dedication he had in the Marine Corps to his practice as a Rhode Island Mesothelioma attorney. Fax: (401) 351-6401. "Feel proud. Follow us on Twitter, Facebook and Telegram Attorney and XRP supporter John Deaton is optimistic that Coinbase will prevail in its lawsuit against the U.S. Securities and Exchange Commission (SEC).. "Exhibit 167 is broken into 26 parts. This comes amid reports that the banks seizure would soon be initiated by the Federal Deposit Insurance Corporation. Which one of these outcomes do you think is the most plausible one for the Ripple vs SEC lawsuit? John E. Deaton, Managing Partner at The Deaton Law Firm and lawyer for approximately 11,000 XRP holders in the context of the SEC v Ripple lawsuit, has stated An incorrect link to a court document has also been replaced. 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 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 By John E. Deaton, Founder and Host, CryptoLaw. John E. Deaton, the lawyer representing XRP holders in the motion, says he also has notified the Securities and Exchange They are able to give each client individual attention, and get to know every single persons case thoroughly. La personne qui a lanc cette ptition a dcid d'agir. The pro-XRP attorney and CryptoLaw founder expressed this in a See here for a complete list of exchanges and delays. Pro-XRP lawyer John Deaton has explained how Coinbase has solid grounds and how the crypto industry will eventually triumph in the court. Torres denied the XRP holders' bid to intervene as a class in the case, which she said would cause undue delay. He and his qualified staff of professionals are motivated by a passionate desire to give personal and detailed attention to clients and their families. But conflicts of interests dont get in the way at the SEC. 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 She has 10+year experience in writing - accordingly she is avid journalists with a passion towards researching new insights coming into crypto erena. 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 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. 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). Mar 2006 - Present17 years 2 months. Much of John E Deaton @JohnEDeaton1 Founder of Crypto-Law.us and Managing Partner of the Deaton Law Firm; Bitcoin; ETH, XRP; Blockchain enthusiast; lawyer; 3 Top Game-changing Cryptos Redefining Industries RenderToken (RNDR), Lukso (LYXE) and Collateral Network (COLT). WebDeaton Law Firm. Bitcoin Price Tumbles To Near $28K Ahead Of FOMC Meeting! Today, we have a fresh update for you. Deaton has discussed his opinions on every possible outcome. Does this Mesothelioma Lawyer listing belong to you or your company? Attorney Deaton realizes the importance of knowing his clients and their loved ones. Reach her at jody.godoy@thomsonreuters.com. Reuters, the news and media division of Thomson Reuters, is the worlds largest multimedia news provider, reaching billions of people worldwide every day. 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 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. We believe in quality over quantity, representing the most severely injured and suffering. Interestingly, as of today, there are now over 70,000 XRP holders who have joined Deatons class action against the SEC. The SEC under Gary Gensler has refused to address these troubling questions, resisted Freedom of Information Act (FOIA) requests and ignored media reports. Please see our Privacy Policy. For a free consultation and more information about your legal options, please contact us today. By limiting the number of cases, we can provide personal attention, comprehensive case work-up, expedited trial dates, and maximum financial compensation. Torres ruled they will only be allowed to make legal arguments on issues such as whether the case should be dismissed. 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 Password (at least 8 characters required). WebPhone: (401) 351-6400. Pro-XRP lawyer John Deaton has explained how Coinbase has solid grounds and how the crypto industry will eventually triumph in the court. The truth is the SEC does not have clean hands and has not and is not honoring its mission to protect investors. Access unmatched financial data, news and content in a highly-customised workflow experience on desktop, web and mobile. 990 here. 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. "My outrage has grown as the litigation has unfolded," he said. Maine 5 Best Crypto To Buy Now 26 April. In the legal profession, information is the key to success. Surf The Daily Hodl Mix, Cryptocurrency news and analysis, covering Bitcoin, Ethereum, Ripple, XRP, altcoins and blockchain technology, Bitcoin Ethereum Trading Deaton stated, Ripple has agreed that they would settle the case before. 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. Coinpedia - Trusted Crypto Agency for News, Information, Exchange, PR, Blockchain Events, Crypto Wallet and Else related to Decentralized World. The stonewalling must end if there can be any faith in the markets and in government oversight. 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. (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. APPELLANTS V. MARGARET MORENO AND LAW OFFICES OF STEVEN M. JOHNSON APPELLEES -----FROM THE 48TH DISTRICT COURT OF TARRANT COUNTY TRIAL COURT NO. 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. The lawyer represented XRP holders as an amicus curiae last year and continues to follow the case closely. Futuremash Regulator claims XRP token is unregistered security, Tokenholders granted amicus status to offer legal views. "We were all granted amicus status today!" Ive read the Coinbase Writ. 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. 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 John Deaton will serve as your trial attorney. Similarly, XRPs use case would , 2023 CoinMarketCap. You have to know whats happening with clients, competitors, practice areas, and industries. 70,100 as of now. 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 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. WebJanice Deaton is a criminal defense attorney with over 30 years experience. But conflicts of interests dont get in the way at the SEC." 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. 28 Apr 2023 19:28:32 John earned the rank of Major and was awarded the Meritorious Service Medal and Navy Marine Corps Commendation Medal. WebThe career criminal sentencing law known as Three Strikes and Youre Out was enacted in California in 1994. 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. Prior to establishing this law firm in Rhode Island, John Deaton was in the United States Marine Corp. Jody Godoy reports on banking and securities law. John E Deaton (@JohnEDeaton1) March 31, 2023. 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. 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. 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. Honors: Magna Cum Laude, Our Deaton Law Firm family is committed to finding justice for yours. Already a subscriber? 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 XRP tokenholders sought to intervene in March, saying they were de facto defendants in the case and wanted to protect their interests. Law360 takes your privacy seriously. John Deaton, Managing Partner of the Deaton Law Firm, founded his law practice in 2006. 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.. Its understandable for one to believe many of these tokens have been offered and sold as securities at some point. 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. According to Deaton, the law is on the side of the US crypto exchange. 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 case is being closely watched by attorneys in the crypto space, as regulators continue to grapple with how to regulate the asset class. Because the disease takes years to be discovered, individuals may not be aware that they have it, or even what caused it. 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. Initially, in the memorandum of the law, Attorney John Deaton argued in favor of XRP. WebCOURT OF APPEALS SECOND DISTRICT OF TEXAS FORT WORTH NO. 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. 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.
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