By John E. Deaton, Founder and Host, CryptoLaw. The XRP holders including Deaton's daughter, Jordan, said in their bid to intervene in the case that the token lost $15 billion in value when crypto exchanges in the U.S., including Coinbase, delisted or suspended trading in XRP after the SEC sued. This comes amid reports that the banks seizure would soon be initiated by the Federal Deposit Insurance Corporation. Deaton, Managing Partner of Deaton Law Firm, is the founder of CryptoLaw, a website focusing on U.S. legal and regulatory developments for digital asset holders, and the host A slew of measures initiated by the US Federal Reserve and easing market conditions were believed to be saving the US banking sector from a widespread banking collapse. 27 Apr 2023 16:48:42 Which one of these outcomes do you think is the most plausible one for the Ripple vs SEC lawsuit? For a free consultation and more information about your legal options, please contact us today. Founded in 2006 by managing partner John Deaton, the Deaton Law Firm has litigated tenaciously on behalf of their clients suffering from Mesothelioma and other asbestos-related illnesses. Crypto Expert Says Banking Crisis Just Starting; Heres Why John Password (at least 8 characters required). WebDeaton Law Firm. In order to ensure that justice is served during this time of medical crisis, a mesothelioma lawyer should be hired. Ripple's founders created XRP in 2012. When you have a massive exhibit w/hundreds thousands of pages, the system cant handle all as one exhibit and must be broken up. The SEC had argued against letting the token holders act as amici and present evidence. The outcome of the Ripple v. SEC litigation, which is soon to be decided, has everyone on the edge of their seats. Mar 2006 - Present17 years 2 months. John Deaton, founder of CryptoLaw and a pro-XRP lawyer, recently expressed his belief that the United States Securities and Exchange Commission (SEC) would lose its case against Ripple.