Deaton went on to explain that the final proofreading could be ongoing or that the Judge could be in the proofreading stage. 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. In , 2023 CoinMarketCap. 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. 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. Maine Senator Eric Brakey says he will be presenting L.D. Its about power.". 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? 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 WebCOURT OF APPEALS SECOND DISTRICT OF TEXAS FORT WORTH NO. Law360 provides the intelligence you need to remain an expert and beat the competition. The SEC under Gary Gensler has refused to address these troubling questions, resisted Freedom of Information Act (FOIA) requests and ignored media reports. Although sealed, it has been filed as ECF 655-1-26. 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. Law360 takes your privacy seriously. Initially, in the memorandum of the law, Attorney John Deaton argued in favor of XRP. 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). #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. 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. A quick 3min read about today's crypto news! WebJanice Deaton is a criminal defense attorney with over 30 years experience. He claimed that in the Ripple lawsuit, the judge shamed the SEC for not having a faithful allegiance to the law. 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, 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 https://www.crypto-law.us/the-ethereum-free-pass-fair-notice-and-the-fight-ahead/. She has 10+year experience in writing - accordingly she is avid journalists with a passion towards researching new insights coming into crypto erena. Commenting on why Ripples attorneys have chosen not to sue Hinman, attorney John Deaton, a lawyer representing 65,000 XRP holders, noted that Russia To Use Evil Cryptocurrency For Foreign Trade; Heres Why. Our Standards: The Thomson Reuters Trust Principles. 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. Which one of these outcomes do you think is the most plausible one for the Ripple vs SEC lawsuit? By limiting the number of cases, we can provide personal attention, comprehensive case work-up, expedited trial dates, and maximum financial compensation. According to attorney Deaton, he purchased his first XRP coins in 2016 due to the assets use for cross-border payments and settlements. 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. At time of writing, Deaton hasnt officially confirmed whether he will appear to testify, but he told Brakey that he would get in touch with him to discuss further. 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. Reach her at jody.godoy@thomsonreuters.com. He has also interviewed a few prominent experts within the cryptocurrency space. 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 "My outrage has grown as the litigation has unfolded," he said. But you cant ignore both facts and the law. But conflicts of interests dont get in the way at the SEC. The law firm serves clients throughout Rhode Island, New England, and the surrounding areas, as well as national clients. 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. Crypto Lawyer John Deaton Believes SEC Will Lose to Ripple After Judge Dismisses Its Arguments, 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. John Deaton, Managing Partner of the Deaton Law Firm, founded his law practice in 2006. Coinpedia - Trusted Crypto Agency for News, Information, Exchange, PR, Blockchain Events, Crypto Wallet and Else related to Decentralized World. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers. Mar 2006 - Present17 years 2 months. 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. John E Deaton @JohnEDeaton1 Founder of Crypto-Law.us and Managing Partner of the Deaton Law Firm; Bitcoin; ETH, XRP; Blockchain enthusiast; lawyer; We believe in quality over quantity, representing the most severely injured and suffering. Please see our Privacy Policy. He added that, as of now, there are 440 exhibits filed under seal. In mid-October, Ripple Labs CEO Brad Garlinghouseexpressed his "outrage"at the SEC over the years-long lawsuit against Ripple. All quotes delayed a minimum of 15 minutes. Because the disease takes years to be discovered, individuals may not be aware that they have it, or even what caused it. 02-16-00188-CV JOHN E. DEATON AND DEATON LAW FIRM, L.L.C. The SECs pursuit of a policy objective isnt about a faithful allegiance to the law. Don't Miss a Beat Subscribe to get crypto email alerts delivered directly to your inbox 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. Ive read the Coinbase Writ. 27 Apr 2023 16:48:42 An incorrect link to a court document has also been replaced. APPELLANTS V. MARGARET MORENO AND LAW OFFICES OF STEVEN M. JOHNSON APPELLEES -----FROM THE 48TH DISTRICT COURT OF TARRANT COUNTY TRIAL COURT NO. The most comprehensive solution to manage all your complex and ever-expanding tax and compliance needs. Qadir Ak is the founder of Coinpedia. 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. Reuters, the news and media division of Thomson Reuters, is the worlds largest multimedia news provider, reaching billions of people worldwide every day. PLEASE NOTE: A verification email will be sent to your address before you can access your trial. 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. Law Journal: New England Journal of Criminal and Civil Confinement Eastern Michigan University, 1989 990 here. All trademarks and copyrights on this page belong to their respective owners. 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. 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. 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. 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.. However, Garlinghouse has claimed that the SEC's lawsuit was a show of power rather than a legitimate attempt to enforce the law. Maine Senator Eric Brakey says he will be presenting L.D. 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. Password (at least 8 characters required). 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). 20-CV-10832. 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. Honors: Magna Cum Laude, Our Deaton Law Firm family is committed to finding justice for yours. The SEC had argued against letting the token holders act as amici and present evidence. The stonewalling must end if there can be any faith in the markets and in government oversight. At the heart of the SECs case against Ripple, a dispute over legal advice. 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.. ), SEC loses bid for Ripple legal docs in $1.38 billion XRP battle John earned the rank of Major and was awarded the Meritorious Service Medal and Navy Marine Corps Commendation Medal. Coinpedia - Trusted Crypto Agency for News, Information, Exchange, PR, Blockchain Events, Crypto Wallet and Else related to Decentralized World. The industry leader for online information for tax, accounting and finance professionals. 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 John Deaton will serve as your trial attorney. 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 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/. 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. Blockchain Regulators Regulator claims XRP token is unregistered security, Tokenholders granted amicus status to offer legal views. 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. ), Create custom alerts for specific article and case topics and, I took a free trial but didn't get a verification email. Browse an unrivalled portfolio of real-time and historical market data and insights from worldwide sources and experts. 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. But conflicts of interests dont get in the way at the SEC." Jody Godoy reports on banking and securities law. All rights reserved, Published on April 04, 2023 15:48 GMT+00:00. 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 For the amici: John Deaton of the Deaton Law Firm, (CORRECTION: A previous version of this story said XRP was created in 2013. John E. Deaton, the lawyer representing XRP holders in the motion, says he also has notified the Securities and Exchange 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. The SEC has sued some digital token issuers for selling unlicensed securities, while other assets such as Bitcoin and ether have avoided the label. 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. The SEC's enforcement actions on cryptocurrencies have involved the appearance of improprieties and conflicts of interest among officials, and should be investigated. Access unmatched financial data, news and content in a highly-customised workflow experience on desktop, web and mobile. 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 See here for a complete list of exchanges and delays. Deaton stated, Ripple has agreed that they would settle the case before. Its understandable for one to believe many of these tokens have been offered and sold as securities at some point. Please see our Privacy Policy. 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 Mesothelioma is a form of rare and deadly cancer that results from years of exposure to asbestos. Screen for heightened risk individual and entities globally to help uncover hidden risks in business relationships and human networks. 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. 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. 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. Bitcoin Price Tumbles To Near $28K Ahead Of FOMC Meeting! 5 Best Crypto To Buy Now 26 April. But you cant ignore both facts and the law. The truth is the SEC does not have clean hands and has not and is not honoring its mission to protect investors. 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. When you have a massive exhibit w/hundreds thousands of pages, the system cant handle all as one exhibit and must be broken up. According to Deaton, the law is on the side of the US crypto exchange. Deaton wrote on Twitter, where the ruling was celebrated by cryptocurrency enthusiasts. Prior to founding the Deaton Law Firm, Attorney John Deaton practiced law at a national litigation firm. Deaton has discussed his opinions on every possible outcome. The pro-XRP attorney and CryptoLaw founder expressed this in a In the legal profession, information is the key to success. WebJohn Deaton of the Deaton Law Firm, an asbestos litigation firm based in Rhode Island, represents the proposed intervenors including his daughter, Jordan. I am the owner of the Deaton Law Firm, which specializes in representing mesothelioma victims who were exposed to WebPhone: (401) 351-6400. The SEC sued Ripple in late 2020 under allegations that the company sold XRP as an unregistered security. 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. Surf The Daily Hodl Mix, Cryptocurrency news and analysis, covering Bitcoin, Ethereum, Ripple, XRP, altcoins and blockchain technology, Bitcoin Ethereum Trading In a Saturday tweet, Deaton mentioned that 3,000 XRP holders' affidavits had been submitted by Ripple. Copyright 2017 Deaton Law Firm, 450 N Broadway, East Providence, RI 02914
#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 19:28:32 990 to the Maine Financial Services Committee on April 4th. Bitcoin Price Prediction: BTC's Roller Coaster Ride - Recovering After an 8% Drop, Will It Reach 30K Today? Similarly, XRPs use case would , 2023 CoinMarketCap. 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. 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. Is Massive Correction On The Horizon. Ripple and the executives have denied the allegations, and the company has argued that XRP has traded and been used as a digital currency. 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. 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 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 WebDeaton Law Firm. 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
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