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. 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 Coinpedia - Trusted Crypto Agency for News, Information, Exchange, PR, Blockchain Events, Crypto Wallet and Else related to Decentralized World. He has also interviewed a few prominent experts within the cryptocurrency space. See here for a complete list of exchanges and delays. The law firm serves clients throughout Rhode Island, New England, and the surrounding areas, as well as national clients. 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. UNITED STATES DISTRICT COURT FOR THE DISTRICT OF Bitcoin Price Tumbles To Near $28K Ahead Of FOMC Meeting! 990 to the Maine Financial Services Committee on April 4th. Jody Godoy reports on banking and securities law. Lawyer John Deaton Torres ruled they will only be allowed to make legal arguments on issues such as whether the case should be dismissed. The fourth situation is that if no one wins, the case will be sent to the jury for comments and eventual determination. 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 He and his qualified staff of professionals are motivated by a passionate desire to give personal and detailed attention to clients and their families. John E. Deaton, the lawyer representing XRP holders in the motion, says he also has notified the Securities and Exchange The most comprehensive solution to manage all your complex and ever-expanding tax and compliance needs. But you cant ignore both facts and the law. At the heart of the SECs case against Ripple, a dispute over legal advice. Copyright 2017 Deaton Law Firm, 450 N Broadway, East Providence, RI 02914 Deaton has discussed his opinions on every possible outcome. Which one of these outcomes do you think is the most plausible one for the Ripple vs SEC lawsuit? Share article on social media or email: View article via: 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. Scams Crypto101 HodlX Reuters, the news and media division of Thomson Reuters, is the worlds largest multimedia news provider, reaching billions of people worldwide every day. 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. 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. Lawyer 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. John E Deaton (@JohnEDeaton1) / Twitter Its understandable for one to believe many of these tokens have been offered and sold as securities at some point. John Deaton - Managing Partner - Deaton Law Firm | LinkedIn 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 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. 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. 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. The SEC has sued some digital token issuers for selling unlicensed securities, while other assets such as Bitcoin and ether have avoided the label. WebDeaton Law Firm. 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? According to attorney Deaton, he purchased his first XRP coins in 2016 due to the assets use for cross-border payments and settlements. Futuremash The truth is the SEC does not have clean hands and has not and is not honoring its mission to protect investors. After overwhelming demand in the reply section, Brakey addressed Deaton. According to attorney Deaton, he purchased his first XRP coins in 2016 due to the assets use for cross-border payments and settlements. Initially, in the memorandum of the law, Attorney John Deaton argued in favor of XRP. [{"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. 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 Password (at least 8 characters required). The firm is dedicated to representing clients wrongfully injured by asbestos companies, pharmaceutical companies, and chemical companies. "We were all granted amicus status today!" This comes amid reports that the banks seizure would soon be initiated by the Federal Deposit Insurance Corporation. 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 John E Deaton (@JohnEDeaton1) March 31, 2023. John The truth is the SEC does not have clean hands and has not and is not honoring its mission to protect investors. Crypto Expert Says Banking Crisis Just Starting; Heres Why John 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. Crypto Lawyer John Deaton Praises XRP Holders For Efforts During All rights reserved, Published on April 29, 2023 05:20 GMT+00:00. 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. ), SEC loses bid for Ripple legal docs in $1.38 billion XRP battle He also touched upon the impact of the banking crisis and the global implications it had. Lawyer Deaton wrote on Twitter, where the ruling was celebrated by cryptocurrency enthusiasts. 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. 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. They are able to give each client individual attention, and get to know every single persons case thoroughly. East Providence, RI Mesothelioma Attorneys. XRP: FOX Business Senior Correspondent Says SEC Is Losing It was created in 2012. She has 10+year experience in writing - accordingly she is avid journalists with a passion towards researching new insights coming into crypto erena. You can register to testify for L.D. 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 Nicholas Say March 16, 2021. Lawyer John Deaton In mid-October, Ripple Labs CEO Brad Garlinghouseexpressed his "outrage"at the SEC over the years-long lawsuit against Ripple. Deaton stated, Ripple has agreed that they would settle the case before. The SEC sued Ripple in late 2020 under allegations that the company sold XRP as an unregistered security. XRP Holders Can't Intervene In SEC's Ripple Suit - Law360 In 2013, 2017, and 2018, Ms. Deaton was recognized as Top Lawyer in San Diego, by San SEC Assault On Ripple Provokes Wider Debate PRWeb Maine Senator Eric Brakey says he will be presenting L.D. 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. 27 Apr 2023 16:48:42 For a free consultation and more information about your legal options, please contact us today. The SEC's enforcement actions on cryptocurrencies have involved the appearance of improprieties and conflicts of interest among officials, and should be investigated. In , 2023 CoinMarketCap. 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. See here for a complete list of exchanges and delays. 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. Our Standards: The Thomson Reuters Trust Principles. 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. CryptoLaw Founder Explains Why $XRP and $ETH Are Not Securities WebJohn Deaton of the Deaton Law Firm, an asbestos litigation firm based in Rhode Island, represents the proposed intervenors including his daughter, Jordan. Industry Announcements, ABOUT US | EDITORIAL POLICY | PRIVACY POLICY WebJanice Deaton is a criminal defense attorney with over 30 years experience. Lawyer 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 John Deaton 70,100 as of now. 29 Apr 2023 17:00:14 https://www.crypto-law.us/the-ethereum-free-pass-fair-notice-and-the-fight-ahead/. ), Create custom alerts for specific article and case topics and, I took a free trial but didn't get a verification email. John Maine Bitcoin Price Prediction: BTC's Roller Coaster Ride - Recovering After an 8% Drop, Will It Reach 30K Today? 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.. "There is no recourse, there is no consequence to those that brought this lawsuit. 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. Blockchain Regulators 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. UNITED STATES DISTRICT COURT FOR THE DISTRICT OF 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/. John Deaton, Managing Partner of the Deaton Law Firm, founded his law practice in 2006. Check Price Action 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. And they call it: Decentralized Justice.". The law doubled the minimum sentence for serious or violent felons 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 John earned the rank of Major and was awarded the Meritorious Service Medal and Navy Marine Corps Commendation Medal. 02-16-00188-CV JOHN E. DEATON AND DEATON LAW FIRM, L.L.C. 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. Torres denied the XRP holders' bid to intervene as a class in the case, which she said would cause undue delay. He had seven years of active duty, at which time he was a federal prosecutor and criminal defense attorney. 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. 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 Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers. In a Saturday tweet, Deaton mentioned that 3,000 XRP holders' affidavits had been submitted by Ripple. The Deaton Law Firm strives to seek justice for victims and families. Browse an unrivalled portfolio of real-time and historical market data and insights from worldwide sources and experts. 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. Crypto Expert Says Banking Crisis Just Starting; Heres Why He spoke at a public hearing at the Maine Financial Services Committee on Tuesday. 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. Lawyer John Deaton Attorney Deaton realizes the importance of knowing his clients and their loved ones. Coinbase Will Win Lawsuit Against SEC, Predicts Pro-XRP Lawyer 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). U.S. District Judge Analisa Torres wrote that the six holders of XRP, the world's seventh-largest cryptocurrency by market value, can offer opinions on certain legal questions in the lawsuit, which alleges the token is an unregistered security. The Deaton Law Firm can help you navigate the legal landscape when filing a claim. 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. La personne qui a lanc cette ptition a dcid d'agir. 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.. According to Deaton, Genslers views imply that the SEC might find grounds for a crackdown on cryptocurrencies in various circumstances.