XRP Attorney Receives Defender of Freedom Award
John Deaton, the attorney representing 75,000 XRP token holders in the Ripple vs SEC case, has been honored with the Defender of Freedom Award. This recognition comes after Deaton claimed to have obtained documents revealing irregularities in the Ethereum ICO. The International Congress of Blockchain Legal Advisors presented the award to celebrate individuals and entities that have made significant contributions to upholding freedom in the crypto community.
Recent XRP Lawsuit Victory
The award is particularly significant given the recent victory in the XRP lawsuit. The Summary Judgment ruled by US Judge Analisa Torres protected the position of retail buyers and marked a milestone in the legal battle between Ripple Labs and the SEC. This ruling has paved the way for a clearer regulatory framework for cryptocurrencies in the United States.
Ripple Executives Engage with Lawmakers
In a surprising turn of events, Ripple CEO Brad Garlinghouse and a team of executives visited Washington D.C. to meet with members of Congress and discuss proposed crypto bills. This visit demonstrates a change in Ripple’s stance on regulation following the Summary Judgment delivered in July 2023.
Hot Take: A Milestone for XRP’s Legal Battle
The recognition bestowed upon John Deaton with the Defender of Freedom Award highlights his pioneering approach in empowering digital asset owners against SEC enforcement actions. With the recent victory in the XRP lawsuit, there is renewed hope for a clear regulatory framework for cryptocurrencies in the United States. Ripple’s engagement with lawmakers further signifies their commitment to shaping favorable regulations. This milestone serves as a stepping stone towards greater clarity and acceptance of cryptocurrencies within the legal landscape.
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