A Crypto Lawyer Offers Representation to US Retail Token Holders for Congressional Hearing
A prominent cryptocurrency lawyer who played a role in the Ripple Labs and XRP case against the US Securities and Exchange Commission (SEC) has volunteered to represent US retail token holders during an upcoming Congressional hearing. The Financial Services GOP recently announced the Capital Markets and Digital Assets, Financial Technology and Inclusion hearing, prompting crypto attorney John Deaton to offer his services on behalf of retail token holders.
Deaton’s Concerns about Gary Gensler and the Biden Administration
John Deaton believes that Gary Gensler, the Chairman of the SEC, does not prioritize the interests of retail investors. Furthermore, Deaton claims that the Biden administration, along with Senator Elizabeth Warren, who introduced legislation that is seen as anti-crypto, is actively harming the crypto community. Deaton asserts that he can provide testimony representing token holders’ interests and expose how little Gensler protects investors.
Deaton’s Experience in Representing Crypto Cases
John Deaton highlights his experience in representing various crypto cases. He served as amicus counsel for 75,000 XRP holders in the Ripple case and was also involved in the LBRY.com case. Additionally, he represents over 5,000 Coinbase customers related to the SEC’s lawsuit against Coinbase. Deaton offers his services to shed light on what he perceives as harmful actions by Gensler and the Biden/Warren administration that affect everyday Americans.
Hot Take: XRP Lawyer Steps Up for Retail Token Holders
A leading crypto lawyer who assisted Ripple Labs and XRP in their battle against the SEC is stepping forward to represent US retail token holders during an upcoming Congressional hearing. John Deaton has offered his services to testify on behalf of retail token holders and advocate for their interests. Deaton has expressed concerns about Gary Gensler’s treatment of retail investors and believes that the Biden administration, along with Senator Elizabeth Warren, is harming the crypto community. With his experience in high-profile crypto cases, Deaton aims to expose the actions that he believes are detrimental to everyday Americans.