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 <li><strong>John Deaton opts not to file an amicus brief Coinbase’s motion.</strong></li> 
 <li><strong>Deaton said the case is squarely about law interpretation, which he cannot influence.</strong></li> 
 <li><strong>Bill Morgan suggests Cardano and Algorand, who should contribute, are silent.</strong></li> 
</ul> 
<p>In a recent tweet, prominent pro-XRP lawyer John Deaton addressed his decision not to file an amicus brief supporting Coinbase’s motion. Deaton clarified his stance, stressing that the <a href="https://coinedition.com/coinbase-exchange-review/" rel="noopener noreferrer nofollow">Coinbase</a> motion centers around a narrow aspect of the law, primarily concerned with establishing the lack of <a href="https://coinedition.com/sec-claims-jurisdiction-over-ethereum-is-under-u-s-regime-purview/" rel="noopener noreferrer nofollow">SEC jurisdiction</a> over digital assets.</p> 
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  <blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
   <p lang="en" dir="ltr">The Coinbase motion is focused on a NARROW ISSUE OF LAW.</p>— John E Deaton (@JohnEDeaton1) <a href="https://twitter.com/JohnEDeaton1/status/1687839768464293888?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">August 5, 2023</a> 
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<p>Deaton, who has been actively involved in the XRP community, explained the concept of an “Amicus Curiae,” which translates to “Friend of the Court” in Latin. He noted that his previous role as amicus counsel in the Ripple case was due to XRP holders presenting unique perspectives that would aid the court in reaching an informed decision.</p> 
<p>However, Deaton outlined his rationale for not pursuing a similar course of action in the <a href="https://coinedition.com/foremost-lawyer-commends-coinbases-opening-on-case-with-the-sec/" rel="noopener noreferrer nofollow">Coinbase case</a>. He explained that the Coinbase motion primarily revolves arou…</p> 
<p>The post <a rel="noopener noreferrer nofollow" href="https://coinedition.com/deaton-explains-decision-not-to-file-amicus-brief-supporting-coinbase/">Deaton Explains Decision Not to File Amicus Brief Supporting Coinbase</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinedition.com">Coin Edition</a>.</p>

Deaton Explains Decision Not to File Amicus Brief Supporting Coinbase

Coin Edition

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