<ul class="news-points"> 
 <li><strong>Lawyer John Deaton said the new Binance.US CEO played a pivotal role in classifying XRP.</strong></li> 
 <li><strong>Deaton asserted that the SEC and the government possessed a wealth of knowledge about Ripple before the lawsuit.</strong></li> 
 <li><strong>Deaton believes the new appointment might carry positive connotations.</strong></li> 
</ul> 
<p>Following a recent <a href="https://coinedition.com/binance-ceo-addresses-management-changes-at-binanceus-bursting-fud/">leadership change</a> at Binance.US, where Norman Reed has been appointed the CEO, John Deaton, founder of Crypto-Law.us, took to X to share insights regarding Reed’s past involvement with Ripple.</p> 
<p>The lawyer highlighted that Reed formerly served as the General Counsel of Ripple. He mentioned that Reed played a pivotal role in the 2015 FinCEN Department of Justice (DOJ) settlement that impacted the classification of XRP.</p> 
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   <p lang="en" dir="ltr">Norman Reed used to be the General Counsel of <a href="https://twitter.com/Ripple?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">@Ripple</a>. His signature is on the 2015 FinCEN DOJ settlement with Ripple, which classified <a href="https://twitter.com/hashtag/XRP?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#XRP</a> a “convertible virtual currency.” <br><br>Btw, <a href="https://twitter.com/katie_haun?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">@katie_haun</a> signed the settlement agreement on behalf of the DOJ. As part of the settlement,… <a href="https://t.co/F2QLjy4ksZ" target="_blank" rel="nofollow">https://t.co/F2QLjy4ksZ</a></p>— John E Deaton (@JohnEDeaton1) <a href="https://twitter.com/JohnEDeaton1/status/1703160345089495308?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">September 16, 2023</a>
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<p>In particular, Deaton pointed out that Norman Reed’s signature graced the 2015 settlement agreement, of…</p>
<p>The post <a rel="nofollow" href="https://coinedition.com/binance-us-ceos-past-with-sec-casts-doubts-about-ripple-suit-expert/">Binance.US CEO’s Past with SEC Casts Doubts About Ripple Suit: Expert</a> appeared first on <a rel="nofollow" href="https://coinedition.com">Coin Edition</a>.</p>

Binance.US CEO’s Past with SEC Casts Doubts About Ripple Suit: Expert

Coin Edition

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