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- In the SEC v. Ripple lawsuit, John Deaton, the primary attorney defending XRP holders, has provided his forecast for how today’s conference call would go, specifically the SEC pursuing their delay strategy to sow anxiety and division among his clients.
- The SEC’s back-and-forth on the issue has irritated many hoping for a resolution to the XRP litigation for a variety of reasons, including regulatory clarity and the re-listing of XRP, one of the world’s most traded digital assets.
- They could argue that delaying the lawsuit will allow them to [depose] the 2K #XRPHolders who signed affidavits. The SEC is pleading with the Judge not to find out the truth. It’s only strategy is to delay. Its purpose will be to split XRPHolders. Don’t worry, I’ve planned for it.
They could argue that the case needs to be postponed so they can [depose] the 2K #XRPHolders who signed affidavits. The SEC is pleading with the Judge not to find out the truth. It’s only strategy is to delay. Its purpose will be to split XRPHolders. Don’t worry, I’ve planned for it.
The SEC Will Require Additional Time To React
In the SEC v. Ripple lawsuit, John Deaton, the primary attorney defending XRP holders, has provided his forecast for how today’s conference call would go, specifically the SEC pursuing their delay strategy to sow anxiety and division among his clients. Today, at 3 p.m. New York time, there will be a conference call (EST). The public is welcome to attend by dialing (877) 226-8215 in the United States or (409) 207-6982 internationally. 4713826 # is the access code (SN).
The Securities and Exchange Commission, according to attorney John Deaton, knows the one [thing] XRPHolders fear the most is time. The SEC will try to scare XRPHolders by claiming that if the Judge allows amici to file a brief, the SEC will require additional time to react (even if they don’t). Time is on the plaintiff’s side, as both Ripple Labs and the ‘amici’ XRP Holders stand to lose a lot of money and assets with each passing day.
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A Resolution To The XRP Litigation For A Variety Of Reasons
The SEC’s back-and-forth on the issue has irritated many hoping for a resolution to the XRP litigation for a variety of reasons, including regulatory clarity and the re-listing of XRP, one of the world’s most traded digital assets. The plaintiff, according to John Deaton, will try to double down on the delay tactics and will reveal its hand during today’s conference call. The XRP Holders’ lawyer claims that he is prepared for the battle.
Even though all I did was give the parties with affidavits – NOT THE COURT – the SEC can allege I’m attempting to violate the Court’s order by presenting evidence. If Ripple tries to use the affidavits, the SEC may argue that they must be permitted to restart discovery. They could argue that delaying the lawsuit will allow them to [depose] the 2K #XRPHolders who signed affidavits. The SEC is pleading with the Judge not to find out the truth. It’s only strategy is to delay. Its purpose will be to split XRPHolders. Don’t worry, I’ve planned for it.
Steve Anderson is an Australian crypto enthusiast. He is a specialist in management and trading for over 5 years. Steve has worked as a crypto trader, he loves learning about decentralisation, understanding the true potential of the blockchain.
