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

August 26, 2023No Comments1 Min Read
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John E. Deaton: SEC mistakenly charged Ripple’s CEO!
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Author: Mustafa Mulla Aug 26, 2023 15:08

Mustafa has been writing about Blockchain and crypto since many years. He has previous trading experience and has been working in the Fintech industry since 2017.

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

John E. Deaton, a well-known lawyer in 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 officials Bill Hinman and Jay Clayton would have categorized XRP as a non-security much earlier, but the SEC declined it for years. Clayton should testify in court as a significant eyewitness to save time and money, increase adoption, and clarify the legal status of XRP. The SEC still seeks to overturn Judge Torres’ ruling that XRP is not a security.


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