The post Crypto Vs SEC: John Deaton’s New Tactic; Using Amicus Curiae Against the SEC appeared first on Coinpedia Fintech News
John Deaton, the crypto-savvy lawyer and founder of CryptoLaw US, made a significant announcement on June 9, 2023. Known for his stalwart support of XRP, Deaton has publicly criticized both the Security and Exchange Commission (SEC) and the crypto exchanges they have targeted in recent lawsuits, notably Binance and Coinbase.
The SEC has lodged allegations against these platforms, claiming to act in the interests of digital asset investors, users, and holders. Deaton argues this is far from the case and seeks to represent the real voice of crypto investors.
NOTICE:
As everyone is aware, @GaryGensler and the @SECGov sued @coinbase and @binance @BinanceUS. Just like the @Ripple case, the SEC claims that it filed the lawsuits on behalf of digital asset investors, users and holders. The SEC claims it is protecting us.
— John E Deaton (@JohnEDeaton1) June 9, 202
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