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John E. Deaton: SEC mistakenly charged Ripple’s CEO!

August 26, 2023
in Crypto Exchanges
Reading Time: 2 mins read
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Writer: Mustafa Mulla Aug 26, 2023 15:08

Mustafa has been writing about Blockchain and crypto since a few years. He has earlier buying and selling expertise and has been working within the Fintech trade since 2017.

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John Deaton

John E. Deaton, a well known lawyer within the crypto world, argues that the US SEC mistakenly charged Ripple CEO Brad Garlinghouse with aiding and abetting. Deaton believes that testimony from former SEC officers Invoice Hinman and Jay Clayton would have categorized XRP as a non-security a lot earlier, however the SEC declined it for years. Clayton ought to testify in courtroom as a big eyewitness to save lots of money and time, improve adoption, and make clear the authorized standing of XRP. The SEC nonetheless seeks to overturn Decide Torres’ ruling that XRP just isn’t a safety.

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Tags: CEOChargedDeatonJohnmistakenlyRipplesSEC
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