John E Deaton Praises Ripple’s Growth Amid Challenges
John E Deaton, the attorney representing thousands of XRP investors in the lawsuit against the SEC, commended Ripple for its accomplishments despite facing regulatory action and a bear market. He highlighted how Ripple continued to expand its business and hire staff while other cryptocurrency companies were downsizing. Deaton criticized the biased individuals who unfairly targeted Ripple.
Deaton specifically praised Ripple CEO Brad Garlinghouse for his role in the company’s success and suggested that he should be considered for “CEO of the decade” if Ripple files for an IPO in the next three years.
Ripple’s Wins Against the SEC
In recent months, Ripple has achieved several victories in its legal battle against the SEC. In July, a Federal Judge ruled that Ripple’s past XRP sales did not violate securities laws. This ruling caused a significant increase in the value of XRP. The SEC’s attempt to appeal this ruling was also dismissed, and both Garlinghouse and Executive Chairman Chris Larsen were cleared of all charges.
The final trial between Ripple and the SEC is scheduled for April next year. The outcome of this trial will have far-reaching implications for the entire cryptocurrency industry and is highly anticipated by the community.
Hot Take: Ripple’s CEO Brad Garlinghouse Could be “CEO of the Decade”
Despite facing regulatory challenges and a bear market, Ripple has managed to grow its business and achieve legal victories against the SEC. Attorney John E Deaton praises Ripple for its resilience and suggests that CEO Brad Garlinghouse deserves recognition as a potential “CEO of the decade.” The upcoming trial between Ripple and the SEC is expected to have significant implications for the crypto industry as a whole.
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