XRP Attorney Reveals Major Announcement Involving Steven Nerayoff
John Deaton, the attorney representing over 70,000 XRP token holders in the Ripple Vs U.S. Securities and Exchange Commission (SEC) lawsuit, has made a major announcement. While there were hints that the announcement involved Steven Nerayoff, an early advisor to the Ethereum network project, Deaton revealed that it was about some interesting claims made by Nerayoff regarding wrongdoings during the Ethereum initial coin offering in 2014.
Who is Steven Nerayoff?
Steven Nerayoff is a former Ethereum early advisor who faced criminal extortion charges in 2023 but had them dismissed by a New York judge. He was accused of extorting a crypto startup during an ICO process, but federal prosecutors were unable to prove the charges beyond a reasonable doubt.
The Big Announcement: We’re Getting Closer
Deaton disclosed that he personally saw some of the receipts that Nerayoff claims to have regarding his allegations against the Ethereum ICO. Based on these records, Deaton concluded that insiders of the Ethereum ICO were not telling the truth. However, he did not explicitly name the crypto project due to attorney-client privilege.
Impact of the Records on XRP Lawsuit
Deaton explained that if the trial against Ripple CEO Brad Garlinghouse and co-founder Christian Larsen proceeds, cross-examining Bill Hinman’s records will be challenging for the SEC. The SEC’s complaint in the XRP lawsuit accuses Garlinghouse and Larsen of raising capital through unregistered securities. The revelation of these records could impact the case.
“Truth Will Come Out”
While Deaton couldn’t provide more details due to legal restrictions, he expressed confidence that the truth will come out. He believes that the crypto community is getting closer to uncovering the truth and fighting against regulators.
Hot Take: XRP Attorney Reveals Evidence of Wrongdoings in Ethereum ICO
In a surprising turn of events, XRP attorney John Deaton has announced that he has seen evidence supporting Steven Nerayoff’s claims of wrongdoings during the Ethereum initial coin offering (ICO) in 2014. This revelation could have significant implications for the ongoing XRP lawsuit and the credibility of insiders involved in the Ethereum ICO. As the crypto community eagerly awaits further developments, it seems that the fight against regulators is intensifying, with more revelations expected to come to light. The truth is inching closer, and it remains to be seen how these records will impact the legal proceedings and the future of XRP and Ethereum.
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