United States Securities and Exchange Commission (SEC) Ripple The charges were forwarded to the other party in the lawsuit he filed against his company. John E. Deaton, a defense attorney and known for his comments on the case, believes the case will have a positive outcome for the blockchain company and the cryptocurrency industry as a whole.
Known for his pro-Ripple stance John E. Deatonbelieves Ripple will be the winner in the long-running lawsuit. The SEC’s extreme rudeness will also be suppressed by the Supreme Court, the lawyer said. stated.
I have no doubt Ripple will win and the current Supreme Court will shut down the @SECGov‘s gross overreach. The West Virginia 🆚 EPA case is all you need to read to agree with me. @Ripple‘s summary judgment brief is already an extremely well written appellate brief. https://t.co/o3g9zML9S2
— John E Deaton (@JohnEDeaton1) February 20, 2023
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Noting that “Ripple’s summary judgment summary is already an extremely well-written appeal summary,” Deaton believes it will be enough for people to read the “West Virginia v. EPA Case” to agree with him.
Koinfinans.com As we reported, in the case to which Deaton referred, the Supreme Court ruled that the Environmental Protection Agency (EPA) had overstepped its authority in regulating emissions from existing power plants. This arrangement has previously been questioned and much debated by many states and coal industry companies.
The attorney also cites four of the regulator’s last five cases in the Supreme Court, in a tweet by Stuart Alderoty, Ripple’s general counsel, on Feb.SECHe said he lost because of the “few people who have the courage and resources to stand up to the tyranny of the United States and cling to legal positions that are not loyal to the law.”
Deaton, who did not leave a response to the tweet unanswered, said that the XRP community was lucky to have Judge Analisa Torres presiding over the case, and that the Judge expected the SEC to reject the summary judgment request and send the case to the jury, which in his opinion is a win for Ripple. announced it would mean.