- John Deaton criticizes former SEC Chair Jay Clayton for his stance against XRP programmatic sales ruling.
- While Clayton pointed out the case’s similarities with some other cases, Deaton argued that the cases are different.
- Deaton lambasted the former SEC Chair, claiming he was misrepresenting the reality.
John E. Deaton, a prominent figure in the crypto sector who advocates Ripple’s XRP, recently shared an X post on the SEC’s former Chair Jay Clayton’s stance on XRP’s programmatic sales ruling. Reflecting on Clayton’s notion of XRP’s secondary trading, Deaton asserted that “he is misrepresenting the truth-as usual.”
Oh how I would love to be on a panel discussion with Clayton. First of all, he’s misrepresenting the truth – as usual. There are no other cases with similar facts that found otherwise at summary judgment. Period. The judge in LBRY said his decision didn’t apply to secondary… https://t.co/TtBJ7j9WvQ— John E Deaton (@JohnEDeaton1) December 9, 2023
The protracted SEC-Ripple battle had witnessed a string of developments over the past few months. However, the major development was Ripple’s landmark victory against the age…
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