2024

Circuit

April

Pro-XRP advocate, John Deaton’s quest to become a part of Coinbase’s ongoing legal battle underscores his unwavering determination to magnify the strength of cryptocurrency users and investors by bringing light to the issues involved. 
Deaton, who is mostly known for his critical stance on the SEC’s strategy regarding crypto regulations, is a staunch advocate of judicial intervention in the process of bringing the issues of the regulatory landscape to light. 
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 Is U.S. Senate candidate <a href="https://twitter.com/JohnEDeaton1?ref_src=twsrc%5Etfw" target="_blank" rel="noopener" data-wpel-link="external">@JohnEDeaton1</a> planning to get involved in the <a href="https://twitter.com/coinbase?ref_src=twsrc%5Etfw" target="_blank" rel="noopener" data-wpel-link="external">@coinbase</a> case? 🤔 Deaton served as amicus counsel in both the <a href="https://twitter.com/Ripple?ref_src=twsrc%5Etfw" target="_blank" rel="noopener" data-wpel-link="external">@Ripple</a> &amp; <a href="https://twitter.com/LBRYcom?ref_src=twsrc%5Etfw" target="_blank" rel="noopener" data-wpel-link="external">@LBRYcom</a> cases. I’ll be interviewing John this week to get that question answered. <a href="https://t.co/JqHv9uSjar" target="_blank" data-wpel-link="external">https://t.co/JqHv9uSjar</a>— Eleanor Terrett (@EleanorTerrett) <a href="https://twitter.com/EleanorTerrett/status/1779938327367434617?ref_src=twsrc%5Etfw" target="_blank" rel="noopener" data-wpel-link="external">April 15, 2024</a>
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His involvement in the Ripple and LBRY cases prior to this has positioned him as a champion for crypto rights. Not only is he a defendant, but he also actively seeks to challenge regulatory frameworks. 
With the Coinbase case at the heart of the attention, his engagement seems to be intentional, as he has filed an amicus curiae appeal with the U.S. Court of Appeals in Massachusetts. This involvement finally ties in with his long-term goal of taking over the Senate seat held by Elizabeth Warren. 
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 On Friday, <a href="https://twitter.com/coinbase?ref_src=twsrc%5Etfw" target="_blank" rel="noopener" data-wpel-link="external">@coinbase</a> filed a request for permission to file an interlocutory appeal to the 2nd Circuit Court of Appeals. Because Congress is inept and because <a href="https://twitter.com/GaryGensler?ref_src=twsrc%5Etfw" target="_blank" rel="noopener" data-wpel-link="external">@GaryGensler</a> is a bad faith regulator pursuing a political agenda, Coinbase is hoping to achieve regulatory clarity… <a href="https://t.co/Udv2swSdjz" target="_blank" data-wpel-link="external">https://t.co/Udv2swSdjz</a>— John E Deaton (@JohnEDeaton1) <a href="https://twitter.com/JohnEDeaton1/status/1779869553347920007?ref_src=twsrc%5Etfw" target="_blank" rel="noopener" data-wpel-link="external">April 15, 2024</a>
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Deaton creates an environment in which Coinbase users can express their concerns related to the SEC’s actions. This proves that he is not only focused on representing the collective interests of the crypto community but also on hearing out the individual voices of every person out there. 
<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow"> 
 Also Read: <a href="https://www.cryptotimes.io/2024/04/17/ore-project-halts-mining-amid-solana-network-congestion/" data-wpel-link="internal">Ore Project Halts Mining Amid Solana Network Congestion</a> 
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XRP Advocate Deaton Could Intervene in Coinbase-SEC Dispute

The Crypto Times

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