Deaton is known for his active engagements in legal proceedings and discussions surrounding cryptocurrency regulations and legal actions.
Category: XRP
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Ripple is staring down an opportunity to fix its closed system
Ripple Labs built its XRP token on a centralized system. But with legal action against Ripple coming to a close, it could move toward a more open platform.
XRP bucks trend as crypto assets experience fourth straight week of outflows
Solana slid into the outflow column this week as Bitcoin’s outflows streak continued.
SEC urges court to grant Ripple Labs appeal citing ‘knotty legal problems’
The SEC highlighted contradictory conclusions from similar cases, along with other pending decisions as some of the contentious legal issues.
Palau to freeze USD-backed stablecoin after pilot launch in July
Palau’s USD-backed stablecoin build on XRP Ledger will be frozen on Sept. 15 as the government will be collecting feedback from users to shape the way ahead.
Attorney outlines Ripple-SEC settlement path amid Coinbase case impact
Deaton clarified that even if an appeal were possible in such a situation, the agency’s authority would be diminished.
Whale Alert sparks speculation as XRP transfers surge
This substantial move has sparked speculation about its potential impact and its proximity to the $1 price point.
Ripple legal team opposes SEC appeal over XRP decision
Lawyers argued the SEC’s grounds for an appeal was based on “dissatisfaction” with a July court decision that the XRP token did not largely qualify as a security.
SEC vs. Ripple: Pro-XRP lawyer urges Clayton, Hinman testimony
John Deaton points out that testimony from former SEC officials Bill Hinman and Jay Clayton during the SEC vs. Ripple Labs case would have categorized XRP as a non-security early on.
XRP whale moves 29 million tokens to Bitstamp amid price slide
Additional information suggests the possibility that this whale might be selling its XRP assets, as it had previously moved 14 million XRP to Bitso just a few hours earlier.