3 Top Game-changing Cryptos Redefining Industries RenderToken (RNDR), Lukso (LYXE) and Collateral Network (COLT). The lawyer represented XRP holders as an amicus curiae last year and continues to follow the case closely. 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 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. Mar 2006 - Present17 years 2 months. According to attorney Deaton, he purchased his first XRP coins in 2016 due to the assets use for cross-border payments and settlements. Please see our Privacy Policy. After overwhelming demand in the reply section, Brakey addressed Deaton. 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). 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. If the motion is approved by Judge Torres, XRP holders will be able to appear as third-party defendants in the lawsuit. I am the owner of the Deaton Law Firm, which specializes in representing mesothelioma victims who were exposed to He added that, as of now, there are 440 exhibits filed under seal. Blockchain Regulators 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. Attorney Deaton realizes the importance of knowing his clients and their loved ones. According to Deaton, Genslers views imply that the SEC might find grounds for a crackdown on cryptocurrencies in various circumstances. John E Deaton @JohnEDeaton1 Founder of Crypto-Law.us and Managing Partner of the Deaton Law Firm; Bitcoin; ETH, XRP; Blockchain enthusiast; lawyer; Honors: Magna Cum Laude, Our Deaton Law Firm family is committed to finding justice for yours. 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. They are able to give each client individual attention, and get to know every single persons case thoroughly. Mesothelioma is a form of rare and deadly cancer that results from years of exposure to asbestos. 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. 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 PLEASE NOTE: A verification email will be sent to your address before you can access your trial. Ripple and the executives have denied the allegations, and the company has argued that XRP has traded and been used as a digital currency. 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. 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. 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. 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. Copyright 2017 Deaton Law Firm, 450 N Broadway, East Providence, RI 02914 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 Torres ruled they will only be allowed to make legal arguments on issues such as whether the case should be dismissed. 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. 29 Apr 2023 17:00:14 An incorrect link to a court document has also been replaced. 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 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. It was created in 2012. The truth is the SEC does not have clean hands and has not and is not honoring its mission to protect investors. Ripple and XRP Altcoins Prior to establishing this law firm in Rhode Island, John Deaton was in the United States Marine Corp. Torres denied the XRP holders' bid to intervene as a class in the case, which she said would cause undue delay. Qadir Ak is the founder of Coinpedia. In a Saturday tweet, Deaton mentioned that 3,000 XRP holders' affidavits had been submitted by Ripple. 990 to the Maine Financial Services Committee on April 4th. Coinpedia - Trusted Crypto Agency for News, Information, Exchange, PR, Blockchain Events, Crypto Wallet and Else related to Decentralized World. Law360 provides the intelligence you need to remain an expert and beat the competition. Bitcoin Price Prediction: BTC's Roller Coaster Ride - Recovering After an 8% Drop, Will It Reach 30K Today? 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 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? See here for a complete list of exchanges and delays. Your voices are being heard. The lawyer also criticized the SECs stance that crypto projects must seek contact with the authority but ultimately do not receive resilient legal information. WebJohn Deaton of the Deaton Law Firm, an asbestos litigation firm based in Rhode Island, represents the proposed intervenors including his daughter, Jordan. ), Create custom alerts for specific article and case topics and, I took a free trial but didn't get a verification email. (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. Browse an unrivalled portfolio of real-time and historical market data and insights from worldwide sources and experts. Already a subscriber? The Deaton Law Firm strives to seek justice for victims and families. Its about power.". 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. Although sealed, it has been filed as ECF 655-1-26. 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. 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. Ferez-vous la mme chose? 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. Read on. She has 10+year experience in writing - accordingly she is avid journalists with a passion towards researching new insights coming into crypto erena. 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.. Interestingly, as of today, there are now over 70,000 XRP holders who have joined Deatons class action against the SEC. 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 Russia To Use Evil Cryptocurrency For Foreign Trade; Heres Why. 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. You can register to testify for L.D. Reuters, the news and media division of Thomson Reuters, is the worlds largest multimedia news provider, reaching billions of people worldwide every day. The firm is dedicated to representing clients wrongfully injured by asbestos companies, pharmaceutical companies, and chemical companies. Scams Crypto101 HodlX By Nicholas Say March 16, 2021. 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. 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 For the amici: John Deaton of the Deaton Law Firm, (CORRECTION: A previous version of this story said XRP was created in 2013. 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. 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. https://www.crypto-law.us/the-ethereum-free-pass-fair-notice-and-the-fight-ahead/. The most comprehensive solution to manage all your complex and ever-expanding tax and compliance needs. Prior to establishing DLF, John worked for a John E. Deaton, the lawyer representing XRP holders in the motion, says he also has notified the Securities and Exchange 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/. 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 Because the disease takes years to be discovered, individuals may not be aware that they have it, or even what caused it. Similarly, XRPs use case would , 2023 CoinMarketCap. Our Standards: The Thomson Reuters Trust Principles. Password (at least 8 characters required). Don't Miss a Beat Subscribe to get crypto email alerts delivered directly to your inbox 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. But you cant ignore both facts and the law. Deaton has discussed his opinions on every possible outcome. 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. East Providence, RI Mesothelioma Attorneys. 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. Try our Advanced Search for more refined results. By John E. Deaton, Founder and Host, CryptoLaw. Deaton stated, Ripple has agreed that they would settle the case before. The case is being closely watched by attorneys in the crypto space, as regulators continue to grapple with how to regulate the asset class. However, Garlinghouse has claimed that the SEC's lawsuit was a show of power rather than a legitimate attempt to enforce the law. Its understandable for one to believe many of these tokens have been offered and sold as securities at some point. Deaton supported his assertion by mentioning four instances where different judges found the SECs arguments to be meritless. WebThe career criminal sentencing law known as Three Strikes and Youre Out was enacted in California in 1994. 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. In 2013, 2017, and 2018, Ms. Deaton was recognized as Top Lawyer in San Diego, by San 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. 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. But you cant ignore both facts and the law. Ripple's founders created XRP in 2012. Elena is an expert in technical analysis and risk management in cryptocurrency market. 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. 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. The Deaton Law Firm can help you navigate the legal landscape when filing a claim. Screen for heightened risk individual and entities globally to help uncover hidden risks in business relationships and human networks. The firm litigates matters relating to asbestos exposure, toxic tort injuries, medical malpractice, and catastrophic personal injuries. The SEC sued Ripple in late 2020 under allegations that the company sold XRP as an unregistered security. 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. 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 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, crypto lawyer and founder of legal and regulatory digital asset news company CryptoLaw, has praised XRP holders for their support in the ongoing
