Tag: John Deaton

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The Hinman docs: Implications for XRP, SEC credibility and more

The Hinman documents have been available to Ripple for over two years, and their public release has been eagerly awaited by many, but some were disappointed by the lack of any real bombshells. The Hinman documents were finally unsealed and made publicly available on June 12 after a lengthy back and forth between Ripple and…
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Ripple’s Alderoty calls for probe into Bill Hinman and his infamous speech

Stuart Alderoty is joined by a number of other high-profile individuals calling for an investigation into the former Securities and Exchange Commission official. Ripple’s chief legal officer has called for an investigation into the motivations that led to former Securities and Exchange official William Hinman delivering his now-infamous speech in 2018. Stuart Alderoty’s demand for…
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Ripple case more crucial than ever amid Coinbase, Binance SEC crackdown: Lawyers

Whether XRP is ruled as a security or not in the Ripple case will certainly have an influence on the two latest crypto exchange lawsuits, crypto lawyers told Cointelegraph. The judges presiding over Coinbase and Binance’s lawsuits will likely watch the results of the SEC v Ripple case closely, crypto lawyers told Cointelegraph. Ripple has…
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XRP Bucks Market Trend as Proponents Remain Optimistic About Lawsuit Outcome

Although the crypto economy has dipped 1.5% in value over the past 24 hours, XRP, the sixth-largest digital asset by market capitalization, has posted gains recently. In the last week alone, XRP has surged over 10%, and year-to-date, this digital currency has increased by 35% against the U.S. dollar. XRP Defies Market Trends as Network…
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Ripple case: Pro-XRP lawyer tips outright SEC victory at ‘less than 3%’

Attorney John Deaton says there’s a 25% chance Ripple will see an outright win against the Securities and Exchange Commission, while rumors fly of a possible Ripple IPO. Pro-XRP lawyer John Deaton has tipped less than a 3% chance for the United States Securities and Exchange Commission to score an outright win against Ripple, as…
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Bear market pushes crypto events to cut fluff, prioritize discourse

“Huge DJs” no longer appear at crypto events; instead, attendees are seeing more “well thought out, intelligent questions” being asked. The extended crypto winter has pushed crypto event organizers to tone down on the lavishness, allowing attendees to focus on asking more “intelligent questions” about regulation and tax. Crypto conferences attract all sorts from the…
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Coinbase CEO on its Wells Notice: SEC is like soccer referees in a game of pickleball

Brian Armstrong made the interesting analogy when asked to explain the firm’s recent “Wells Notice” in “NFL terms.” Brian Armstrong, the CEO and co-founder of crypto exchange Coinbase has compared the Securities and Exchange Commission (SEC) to “soccer refs” in a game of pickleball, criticizing U.S. regulators for not being able to “agree on the…
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The crypto industry has ‘already started’ moving outside US, says Ripple CEO

Ripple’s CEO Brad Garlinghouse stated that the SEC’s lawsuit against Ripple is the regulator playing “offense” and “attacking” the industry as a whole, believing it could put the U.S. at “severe risk.” The United States Securities and Exchange Commission’s (SEC) regulation through “enforcement,” as opposed to “doing the work,” is not a “healthy way” to…
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Ripple, SEC case heads for conclusion after ‘summary judgment’ filed

Ripple argued that XRP profits came from “market forces of supply and demand” rather than any contract between Ripple and XRP token holders. The U.S. Securities and Exchange Commission (SEC) and Ripple Labs have both called for a federal judge to make an immediate ruling on whether Ripple’s XRP sales violated U.S. securities laws. In…
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Could the SEC case against Ripple falter over a conflict of interest?

Newly discovered documents suggest a possible conflict of interest from a former SEC official when he made a speech about Ethereum which some claim could jeopardize the SEC’s case against Ripple. Newly discovered documents could pose a major roadblock for the Securities and Exchange Commission (SEC) in its case against Ripple if they prove a…
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