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Pro-XRP Attorney John Deaton Speaks Out on Ripple's Protracted Legal Troubles: Hope Through Appeal to the Supreme Court
Title: Pro-XRP Attorney John Deaton Speaks Out on Ripple's Protracted Legal Troubles Subtitle: Ripple Could Not Collect Funds for Years, But Could Win if Supreme Court Takes Appeal Date: [Date] Author: [Author] Introduction: John Deaton, a lawyer who represents the interests of XRP investors, has made some important statements about the ongoing legal battle between Ripple and the US Securities and Exchange Commission (SEC). Deaton believes Ripple's legal troubles could last for years if the SEC wins the lawsuit. However, there is hope that Ripple can take the case to the Supreme Court and be successful there. In this case the…
![Titel: Pro-XRP-Anwalt John Deaton äußert sich zu den langwierigen rechtlichen Problemen von Ripple Untertitel: Ripple könnte jahrelang kein Geld einsammeln, könnte jedoch gewinnen, wenn der Oberste Gerichtshof die Berufung annimmt Datum: [Datum] Autor: [Autor] Einleitung: John Deaton, ein Anwalt, der die Interessen von XRP-Anlegern vertritt, hat einige wichtige Aussagen zum laufenden Rechtsstreit zwischen Ripple und der US-amerikanischen Börsenaufsicht SEC gemacht. Deaton glaubt, dass die rechtlichen Probleme von Ripple jahrelang andauern könnten, wenn die SEC den Rechtsstreit gewinnt. Es gibt jedoch Hoffnung, dass Ripple den Fall vor den Obersten Gerichtshof bringen kann und dort erfolgreich ist. In diesem Fall könnten die …](https://bullrunpro.com/cache/images/Pro-XRP-Anwalt-John-Deaton-aeussert-sich-zu-den-langwierigen-rechtlichen-Problemen-1100.webp)
Pro-XRP Attorney John Deaton Speaks Out on Ripple's Protracted Legal Troubles: Hope Through Appeal to the Supreme Court
Title: Pro-XRP Attorney John Deaton Comments on Ripple's Protracted Legal Issues
Subtitle: Ripple could not collect money for years, but could win if Supreme Court accepts appeal
Date: [date] Author: [author]
Introduction:
John Deaton, a lawyer representing the interests of XRP investors, has made some important statements about the ongoing litigation between Ripple and the US Securities and Exchange Commission (SEC). Deaton believes Ripple's legal troubles could last for years if the SEC wins the lawsuit. However, there is hope that Ripple can take the case to the Supreme Court and be successful there. In this case, the impact on Ripple could be significantly lower.
Main part:
1. John Deaton's view:
John Deaton believes that if the SEC wins the lawsuit and Ripple is unsuccessful in its appeal, Ripple will not be allowed to collect money for years. He warns of a lengthy process that would perpetuate the current legal problems.
2. Impact on Ripple:
If Ripple takes the case to the Supreme Court and wins, there would be good prospects for the company. Deaton believes that Ripple would undoubtedly win in such a scenario. The Supreme Court's decision could set a precedent and move the case in the right direction.
3. Comparison with the Veritaseum case:
The Veritaseum case and Ripple’s ongoing legal battle share some similarities. Both cases revolve around allegations of unregistered securities offerings in the cryptocurrency industry. Deaton points to the Fair Fund that the SEC set up after the Veritaseum case to distribute funds to harmed investors. This development could also play a role in the Ripple case.
4. XRP Holders and the 75K List:
Deaton emphasizes the importance of the “75K List,” a list of over 75,000 XRP holders named as potential “intervenors.” He recommends that XRP holders get on the list as this could increase their chances of eventual refunds or relief.
5. The future of Ripple:
Deaton is skeptical that the current civil litigation will lead to a resolution. Ironically, if the SEC wins, it would raise the most money and offer the best option. Even if Ripple loses and Congress sorts out the regulatory mess, it could already be too late.
Conclusion:
Pro-XRP attorney John Deaton weighs in on Ripple's protracted legal troubles in its legal battle with the SEC. He sees the possibility that Ripple won't be able to collect money for years if the SEC wins the case. Still, there is hope that Ripple will take the case to the Supreme Court and be successful. The developments in the Veritaseum case could play a role in this. XRP holders should pay attention to the “75K List” for potential refunds or relief. Deaton is skeptical about Ripple's future and warns of a protracted legal dispute that could bring little progress.