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Judge Torres Rules that John Deaton Will Continue To Represent 67,000 XRP Holders in Ripple-SEC Case


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The XRP holders’ camp has recorded another win in the ongoing lawsuit between Ripple, the San Francisco-based cross-border payment firm, and the United States Securities and Exchange Commission (SEC), as Judge Torres, just ruled that attorney John E. Deaton will continue to represent the interest of 67,000 XRP holders in court.

The new development was recently shared by James K. Filan, the defense lawyer and former federal prosecutor.

It can be recalled that the SEC filed a motion to request the prohibition of Attorney John Deaton, who represents 67,000 XRP investors, from further participation in the Ripple-SEC case.

According to the report, the Judge has denied the commission’s motion to revoke amici status and bar Deaton from further proceedings. This is seen as another big win for the XRP community members, who have been anticipating the end of the long-standing lawsuit.

James K. Filan tweeted, “BREAKING: Judge Torres denies SEC's Motion to Revoke amici status and bar @JohnEDeaton1 from further proceedings. Amici can't participate in expert challenge now but may file application to brief concerns with SEC's expert at summary judgment.”


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Yay, win for us.  I of course would have loved for John to have been able to contribute during expert challenge, but do we really think that the Lawyer's on the side of Ripple will not be addressing the exact same concerns that John would have?

Edited by XRPNewb
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