Chair

Gary

Cosmos

John Deaton, a lawyer representing 75,000 XRP holders, condemned former U.S. SEC officials Jay Clayton, Bill Hinman, and current SEC Chair Gary Gensler for being completely wrong when it comes to regulating the American financial markets. Deaton has several times <a href="https://coingape.com/lawyer-deaton-calls-for-hinman-and-clayton-to-testify-in-xrp-lawsuit/" target="_blank" rel="noopener">criticized Jay Clayton</a> and Bill Hillman for being the reason for the Ripple Vs SEC lawsuit. 
<h2 id="john-deaton-thrashes-sec-officials">John Deaton Thrashes SEC Officials</h2> 
During a Council on Foreign Relations (CFR) event, Jay Clayton talked in favor of crypto and crypto regulation in the US. When asked about bringing clarity regarding crypto regulation, he kept on promoting crypto technology despite bringing the lawsuit against Ripple and its executives Brad Garlinghouse and Chris Larsen during his last days in the U.S. SEC. 
Reacting to former U.S. SEC Chair Jay Clayton’s turnaround about crypto technology and the current state of crypto regulation, John Deaton criticized him for his insincerity. 
“Clayton, along with Bill Hinman and Gary Gensler represent everything wrong with America’s regulated financial markets. This video of Clayton should even make SEC Commissioner Hester Peirce embarrassed for him, said Deaton. 
The crypto community blames them for their lack of accountability, honesty, and fairness. Now, SEC Chair Gary Gensler continues hypocrisy, suing crypto firms and investors. 
Ripple CEO Brad Garlinghouse also commented, saying “I’m in disbelief” after hearing comments made by Jay Clayton on the need for favorable regulation for crypto investors and small and medium-sized firms. 
Pro-XRP lawyer Bill Morgan also pointed out Clayton wanted to damage XRP as a competitor to Ethereum and Bitcoin. He added that Clayton was involved in the Ethereum free pass speech “that went a long way to the SEC picking a winner, not the market.” 
<a href="https://coingape.com/price/xrp" target="_blank" rel="noopener">XRP price</a> fell 3% in the past 24 hours, with the price currently trading at $0.60. The 24-hour low and high are $0.644 and $0.635, respectively. However, the trading volume has decreased by 140% in the last 24 hours. 
Also Read: 
<ul> 
 <li><a title="Terra Luna Classic Community Passes Crucial Proposal; LUNC And USTC Price Skyrockets" href="https://coingape.com/terra-luna-classic-community-passes-crucial-proposal-lunc-and-ustc-price-skyrockets/" target="_blank" rel="bookmark noopener">Terra Luna Classic Community Passes Crucial Proposal; LUNC And USTC Price Skyrockets</a></li> 
 <li><a href="https://coingape.com/cosmos-founder-decides-to-fork-cosmos-hub-in-protest-against-atom-reduced-production/" target="_blank" rel="noopener">Cosmos founder Decides to Fork Cosmos Hub In Protest Against ATOM’s Reduced Production</a></li> 
 <li><a href="https://coingape.com/whale-dumps-over-25-mln-xrp-amid-a-price-slump/" target="_blank" rel="noopener">Whale Dumps Over 25 Mln XRP Amid A Price Slump</a></li> 
</ul> 
The post <a rel="nofollow" href="https://coingape.com/xrp-lawyer-john-deaton-reprimands-jay-clayton-bill-hinman-gary-gensler/">XRP Lawyer John Deaton Reprimands Jay Clayton, Bill Hinman, Gary Gensler</a> appeared first on <a rel="nofollow" href="https://coingape.com">CoinGape</a>.

XRP Lawyer John Deaton Reprimands Jay Clayton, Bill Hinman, Gary Gensler

목차

Coingape News Media

2023년 11월 27일에 게재된 다른 기사

Japan’s Financial Giant SBI Holdings and Circle: Revolutionizing Finance with USDC

Bitcoin set to end Nov at $40K – Here’s what to watch out for

Cardano Price Consolidates With Potential for a Surge

Circle Signs MoU With SBI Holdings to Expand USDC Circulation in Japan

OKX Launches A Crypto Exchange And Web3 Wallet In Brazil

CEO Binance Richard Teng (RT) Janji Patuh Hukum

무료 뉴스레터에 가입하여 매일 최신 암호화폐 소식을 받아보세요!