All rights reserved, Published on April 29, 2023 05:20 GMT+00:00. John E. Deaton, the lawyer representing XRP holders in the motion, says he also has notified the Securities and Exchange WebThe career criminal sentencing law known as Three Strikes and Youre Out was enacted in California in 1994. 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. Ive read the Coinbase Writ. La personne qui a lanc cette ptition a dcid d'agir. The Deaton Law Firm strives to seek justice for victims and families. Torres denied the XRP holders' bid to intervene as a class in the case, which she said would cause undue delay. Honors: Magna Cum Laude, Our Deaton Law Firm family is committed to finding justice for yours. APPELLANTS V. MARGARET MORENO AND LAW OFFICES OF STEVEN M. JOHNSON APPELLEES -----FROM THE 48TH DISTRICT COURT OF TARRANT COUNTY TRIAL COURT NO. 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 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 overwhelming demand in the reply section, Brakey addressed Deaton. For a free consultation and more information about your legal options, please contact us today. Prior to establishing DLF, John worked for a WebProfessional Experience. You have to know whats happening with clients, competitors, practice areas, and industries. 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. The XRP tokenholders sought to intervene in March, saying they were de facto defendants in the case and wanted to protect their interests. 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.. "We were all granted amicus status today!" 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. Deaton supported his assertion by mentioning four instances where different judges found the SECs arguments to be meritless. The stonewalling must end if there can be any faith in the markets and in government oversight. 5 Best Crypto To Buy Now 26 April. Pro-XRP lawyer John Deaton has explained how Coinbase has solid grounds and how the crypto industry will eventually triumph in the court. 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. WebPhone: (401) 351-6400. 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. WebCOURT OF APPEALS SECOND DISTRICT OF TEXAS FORT WORTH NO. Initially, in the memorandum of the law, Attorney John Deaton argued in favor of XRP. By John E. Deaton, Founder and Host, CryptoLaw. Law Journal: New England Journal of Criminal and Civil Confinement Eastern Michigan University, 1989 27 Apr 2023 16:48:42 Scams Crypto101 HodlX Ripple and the executives have denied the allegations, and the company has argued that XRP has traded and been used as a digital currency. In order to ensure that justice is served during this time of medical crisis, a mesothelioma lawyer should be hired. Coinpedia - Trusted Crypto Agency for News, Information, Exchange, PR, Blockchain Events, Crypto Wallet and Else related to Decentralized World. 29 Apr 2023 17:00:14 Russia To Use Evil Cryptocurrency For Foreign Trade; Heres Why. 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.. The firm litigates matters relating to asbestos exposure, toxic tort injuries, medical malpractice, and catastrophic personal injuries. 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. 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. Anita Jains practice focuses on litigation in the areas of real property, title, mechanics liens, complex business commercial disputes, and civil appeals. 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. John E Deaton on Twitter: "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. Every new development in this case is highly anticipated. The lawyer also criticized the SECs stance that crypto projects must seek contact with the authority but ultimately do not receive resilient legal information. The SEC sued Ripple in late 2020 under allegations that the company sold XRP as an unregistered security. Its about power.". But conflicts of interests dont get in the way at the SEC." Deaton has discussed his opinions on every possible outcome. Deaton went on to explain that the final proofreading could be ongoing or that the Judge could be in the proofreading stage. In 2013, 2017, and 2018, Ms. Deaton was recognized as Top Lawyer in San Diego, by San 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. 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. 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, Managing Partner of the Deaton Law Firm, founded his law practice in 2006. 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 According to Deaton, Genslers views imply that the SEC might find grounds for a crackdown on cryptocurrencies in various circumstances. 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 SEC's enforcement actions on cryptocurrencies have involved the appearance of improprieties and conflicts of interest among officials, and should be investigated. You can register to testify for L.D. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers. If youre diagnosed with mesothelioma, contact the Rhode Island mesothelioma attorneys at the Deaton Law Firm. "My daughter is an example of an XRP Holder who had never heard of 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 In mid-October, Ripple Labs CEO Brad Garlinghouseexpressed his "outrage"at the SEC over the years-long lawsuit against Ripple. 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. Please see our Privacy Policy. See here for a complete list of exchanges and delays. Torres ruled they will only be allowed to make legal arguments on issues such as whether the case should be dismissed. He claimed that in the Ripple lawsuit, the judge shamed the SEC for not having a faithful allegiance to the law. Our Standards: The Thomson Reuters Trust Principles. She has 10+year experience in writing - accordingly she is avid journalists with a passion towards researching new insights coming into crypto erena. 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. And they call it: Decentralized Justice.". 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. See here for a complete list of exchanges and delays. 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.. In , 2023 CoinMarketCap. 20-CV-10832. At the heart of the SECs case against Ripple, a dispute over legal advice. Russia To Use Evil Cryptocurrency For Foreign Trade; Heres Why.