Crypto Attorney: Tidal Wave of Evidence Against Ripple and XRP | Crypto

Crypto Attorney: Tidal Wave of Evidence Against Ripple and XRP

– Attorney John Deaton believes new evidence will be revealed in the U.S. Security and Exchange Commissions lawsuit against Ripple.
– The SEC filed its lawsuit against Ripple Labs in late December 2020, declaring XRP a security and accusing the San Francisco payments company of selling the crypto asset without proper authorization.
– Deaton represents 67,000 XRP holders in the lawsuit after U.S. District Judge Analisa Torres granted the crypto investors Amici Curiae status last year.
– Deaton says once the summary judgment motions are out, followers of the case will likely encounter evidence that they have not previously seen or heard.
– Deaton also criticizes SEC Chairman Gary Gensler in a new opinion piece published on Fox Business.

 

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