Home Fear & Greed Pools Wallets Dictionary Advertise Facebook Twitter Telegram Reddit Youtube
Market Cap:
24h Vol:
Cryptocurrencies: 13284
Markets: 100679
CoinInsight360.com logo CoinInsight360.com logo
ENG
EST
RUS
TUR
DEU
CHI
KOR
ITA
USD
USD
AED
AFN
ALL
AMD
ANG
AOA
ARS
AUD
AWG
AZN
BAM
BBD
BDT
BGN
BHD
BIF
BMD
BND
BOB
BRL
BTN
BWP
BYN
BZD
CAD
CDF
CHF
CLF
CLP
CNH
CNY
COP
CRC
CUC
CUP
CVE
CZK
DJF
DKK
DOP
DZD
EGP
ERN
ETB
EUR
FJD
FKP
GBP
GEL
GHS
GIP
GMD
GNF
GTQ
GYD
HKD
HNL
HRK
HTG
HUF
IDR
ILS
IMP
INR
ISK
JMD
JOD
JPY
KES
KGS
KHR
KMF
KPW
KRW
KWD
KYD
KZT
LAK
LBP
LKR
LRD
LSL
LYD
MAD
MDL
MGA
MKD
MMK
MNT
MOP
MRU
MUR
MVR
MWK
MXN
MYR
MZN
NAD
NGN
NIO
NOK
NPR
NZD
OMR
PAB
PEN
PGK
PHP
PKR
PLN
PYG
QAR
RON
RSD
RUB
RWF
SAR
SBD
SCR
SDG
SEK
SGD
SHP
SLL
SRD
SSP
STD
STN
SVC
SYP
SZL
THB
TJS
TMT
TND
TOP
TRY
TTD
TWD
TZS
UAH
UGX
UYU
UZS
VES
VND
VUV
WST
ZAR
ZMW
ZWL
America's Social Casino

Market Cap
24h Vol
13284
Cryptocurrencies
62.39%
Bitcoin Share
CoinGape 2025-04-08 07:47:33

XRP Lawsuit: John Deaton Highlights Ripple’s Journey from Legal Struggle To ETF Launches

XRP Lawsuit: John Deaton Highlights Ripple’s Journey from Legal Struggle To ETF Launches

The XRP lawsuit has taken a significant turn with the US Securities and Exchange Commission’s (SEC) decision to drop its appeal against Ripple. The platform is poised for major achievements as the Ripple case nears its long-awaited conclusion after the XRP community’s four-year struggle. With about 20 XRP ETFs ready to launch, advocate John Deaton reflects on Ripple’s journey over the past four years. Notably, John Deaton sheds light on the phenomenal evolution of Ripple since 2020, despite the ongoing legal struggles. Let’s dive into Deaton’s critical role in the Ripple vs SEC case and the company’s potential developments. XRP Lawsuit to ETF Launches: John Deaton Weighs In Reflecting on the pivotal moments that shaped the Ripple landscape, XRP attorney John Deaton shared an X post earlier today. While Ripple has achieved a major milestone in the XRP lawsuit, Deaton looks back on his pivotal decision to file a Motion to Intervene in the case. The Ripple lawsuit has since yielded significant milestones, most notably Judge Torres’ landmark decision that XRP is not classified as a security, paving the way for further growth and adoption. Building on this success, Ripple now stands triumphant with the recent launch of multiple XRP ETFs. John Deaton’s Critical Role in the Ripple vs SEC Case Interestingly, John Deaton filed a Motion to Intervene before four years, marking a significant turn in the XRP lawsuit. The lawyer asked Judge Torres to let XRP holders join the fray as defendants. Though many lawyers and individuals criticized him, he didn’t hesitate to move forward. Further, citing his intention of gaining participatory rights as amici counsel, the XRP lawyer wrote, I knew Judge Torres would never force the SEC to sue, at the time, 12,600 XRP holders (which grew to 75K) but man, did it send the right message. Other than sending that message, my real goal was to be appointed amici counsel, with participatory rights, which, in effect, she did. Moreover, Deaton expressed his delight over Judge Torres’ summary judgment, which ruled XRP as a non-security. The lawyer explained that the judge cited the significance of XRP holder affidavits in her judgment. Notably, she referenced these affidavits on two separate occasions in her written XRP lawsuit ruling. Recently, John Deaton underscored the significance of the potential tokenization of real-world assets (RWAs). In addition, he revealed how cryptocurrencies could help achieve the American Dream. XRP ETFs: A Major Benchmark John Deaton’s X post on the XRP lawsuit comes in response to the latest XRP ETF development. Recently, the NYSE Arca approved the Teucrium’s 2X Long Daily XRP ETF under the Securities Exchange Act of 1934. “This is like the 20th XRP related ETF. Never say you can’t make a difference!,” stated John Deaton. With multiple platforms already applied to launch an XRP ETF, the community remains optimistic of the token’s future trajectory. The post XRP Lawsuit: John Deaton Highlights Ripple’s Journey from Legal Struggle To ETF Launches appeared first on CoinGape .

Most Read News

https://www.digistore24.com/redir/325658/ceobig/
Market Cap
24h Vol
62.39%
Bitcoin Share
768
Today News
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.