• Press Releases
    • Submit a press release
    • Read All
  • Contact us
Advertise
Bitcoinist.com
No Result
View All Result
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
        • Ethereum Casinos
        • Solana Casinos
        • LiteCoin Casinos
        • DogeCoin Casinos
        • Live Crypto Casinos
        • New Casinos
        • Instant Withdrawal Casinos
        • Cash App Casinos
        • No KYC Casinos
        • VPN Casinos
        • Offshore Casinos
          • Crypto Casinos IT
          • Crypto Casinos ES
            • All Guides
          • Crypto Casinos JP
          • Crypto Casinos SG
          • Crypto Casinos MY
          • Crypto Casinos KR
          • No GAMSTOP Casinos in UK
          • No Cruks Casinos NL
      • Crypto Betting
        • No ID sportsbooks
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
        • Aviator Sites
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Breaking News: Bitcoin Price Makes History By Crossing $126,000: Options Market Forecasts Next Price Targets
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
        • Ethereum Casinos
        • Solana Casinos
        • LiteCoin Casinos
        • DogeCoin Casinos
        • Live Crypto Casinos
        • New Casinos
        • Instant Withdrawal Casinos
        • Cash App Casinos
        • No KYC Casinos
        • VPN Casinos
        • Offshore Casinos
          • Crypto Casinos IT
          • Crypto Casinos ES
            • All Guides
          • Crypto Casinos JP
          • Crypto Casinos SG
          • Crypto Casinos MY
          • Crypto Casinos KR
          • No GAMSTOP Casinos in UK
          • No Cruks Casinos NL
      • Crypto Betting
        • No ID sportsbooks
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
        • Aviator Sites
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Bitcoinist.com
No Result
View All Result
Breaking News: Bitcoin Price Makes History By Crossing $126,000: Options Market Forecasts Next Price Targets
XRP John Deaton

Pro-XRP Lawyer Deaton Could Join Coinbase In SEC Lawsuit

Jake Simmons
by Jake Simmons
1 year ago
·
Posted in Crypto News
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

John Deaton, a vocal advocate for XRP and broader cryptocurrency rights as well as current US Senate candidate, is reportedly considering involvement in Coinbase’s ongoing legal battle with the Securities and Exchange Commission (SEC). This news emerges as Coinbase seeks an interlocutory appeal to the 2nd Circuit Court of Appeals in its high-profile lawsuit against the SEC.

Fox Business reporter Eleanor Terrett highlighted Deaton’s potential involvement on X, stating, “Is US Senate candidate John Deaton planning to get involved in the Coinbase case? Deaton served as amicus counsel in both the Ripple & LBRY cases. I’ll be interviewing John this week to get that question answered.”

Will Pro-XRP Lawyer Deaton Support Coinbase?

Deaton, known for his staunch criticism of the SEC’s approach to crypto regulation, previously expressed his discontent with the regulatory body on X, labeling SEC Chairman Gary Gensler as “a bad faith regulator pursuing a political agenda.”

In a detailed post on X, Deaton criticized Congress and the SEC, underscoring the need for judicial intervention to achieve regulatory clarity for the crypto industry. He emphasized, “Our checks and balances form of government is one example of what separates America from many other nations.”

Related Reading: Pro-XRP Lawyer Deaton Accuses Sen. Warren Of Covering Up SBF Fraud

Prior to running for the US Senate seat in Massachusetts against crypto-critic Elizabeth Warren, approximately 5,000 Coinbase customers had signed up to form a putative class similar to the XRP lawsuit. “The people who joined are users, developers and small investors. They do not want the SEC pretending to speak for them but that doesn’t mean they want Coinbase speaking for them either,” the pro-XRP lawyer stated.

Notably, Deaton has actively sought to amplify the voices of cryptocurrency users and investors who feel misrepresented by both the SEC and large crypto platforms like Coinbase. His involvement in the Ripple case as amicus counsel on behalf of over 75,000 XRP holders demonstrates his commitment to representing the interests of the broader crypto community.

Deaton’s recent posts suggest he is ready to extend his advocacy to Coinbase users, having already established a platform for them to express their concerns regarding the SEC’s actions in June 2023.

Related Reading: Pro-XRP Lawyer Sees 40% Settlement Odds For Ripple-SEC After Ruling

He stated, “As I did in the Ripple case, I have a Google form to establish a putative class of customers and crypto account holders who use these platforms. […] Gary Gensler and the SEC have demonstrated that they are not interested in protecting small investors and operate only to serve their political masters.”

He added, “Coinbase and its lawyers must serve the interests of employees and shareholders. The customers, who don’t own shares in COIN, deserve a voice. I will continue to be that voice. If you’re a Coinbase customer and want your voice heard, here you go:”

Remarkably, Terrett has previously demonstrated her keen insight into Deaton’s political maneuvers. Prior to Deaton’s official announcement of his candidacy against Senator Elizabeth Warren for the US Senate seat in Massachusetts, Terrett interpreted a post by Deaton on X as a subtle hint of his impending campaign. Her prediction proved accurate.

This track record lends weight to her current speculations regarding Deaton’s potential involvement with the Coinbase case, suggesting that her instincts may once again be on target.

At press time, XRP traded at $0.48875.

XRP price
XRP price, 1-week chart | Source: XRPUSD on TradingView.com
Featured image from YouTube, chart from TradingView.com
Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
ShareTweetShareShare

Sign Up for Our Newsletter!

For updates and exclusive offers enter your email.

I consent to my submitted data being collected and stored.
Jake Simmons

Jake Simmons

Follow

Jake Simmons has been a Bitcoin enthusiast since 2016. Ever since he heard about Bitcoin, he has been studying the topic every day and trying to share his knowledge with others. His goal is to contribute to Bitcoin's financial revolution, which will replace the fiat money system. Besides BTC and crypto, Jake studied Business Informatics at a university. After graduation in 2017, he has been working in the blockchain and crypto sector. You can follow Jake on Twitter at @realJakeSimmons.

Full Profile

Related Posts

Crypto

S&P Unveils New Index with 50 Crypto Options; NYSE Owner Nears $2 Billion Polymarket Deal

6 minutes ago
Zcash news

Zcash (ZEC) Hits A ‘Tipping Point,’ Says Electric Coin Co. CEO

17 hours ago
Tokenization Set to Reshape Traditional Finance, Says Deloitte Survey, As Best Wallet Soars

Tokenization Set to Reshape Traditional Finance, Says Deloitte Survey, As Best Wallet Soars

20 hours ago
Bitcoin Hyper ($HYPER) Live News Today: Latest Insights for Bitcoin Maxis (October 7)

Bitcoin Hyper ($HYPER) Live News Today: Latest Insights for Bitcoin Maxis (October 7)

2 hours ago
Next Crypto to Explode Live News Today: Timely Insights for Chart Sniffers (October 7)

Next Crypto to Explode Live News Today: Timely Insights for Chart Sniffers (October 7)

2 hours ago
Analyst Predicts a $250K Bitcoin Amid Growing Institutional Support as Bitcoin Hyper Soars

Analyst Predicts a $250K Bitcoin Amid Growing Institutional Support as Bitcoin Hyper Soars

22 hours ago

Premium Sponsors

Press Releases

  • Your Chance to Win Up to 10% Deposit Bonus and Up to 21K $USDT Bonus Prizes at KCEX

    Your Chance to Win Up to 10% Deposit Bonus and Up to 21K...

    2 hours ago
  • 分析師稱 FARTCOIN 有望暴漲...

    2 hours ago
  • Fleet Asset Management Group Brings the Power of Cloud Crypto Mining in a Low-Carbon Package.

    Fleet Asset Management Group Brings the Power of Cloud...

    21 hours ago
  • The Quiet Market Shift Investors Might Be Missing: How Tapzi Is Challenging Institutional Favorites

    The Quiet Market Shift Investors Might Be Missing: How...

    5 days ago
  • Investors Search for Long-Term Upside in This Under-$0.01 Crypto of 2025 Tapzi

    Investors Search for Long-Term Upside in This Under-$0.01...

    5 days ago

Bitcoin news portal providing breaking news, guides, price analysis about decentralized digital money & blockchain technology.

Bitcoin

  • News
  • Price
  • Businesses
  • Acceptance
  • Technology
  • Investment
  • Regulation
  • Reviews

Altcoins

  • News
  • Price
  • Ethereum
  • Ripple
  • Litecoin
  • EOS

Categories

  • Blockchain
  • Security
  • FinTech
  • Technology
  • Trending
  • Breaking News
  • Press Releases
  • How to

About Us

  • Advertise
  • Contact us
  • Editorial Policy
  • Privacy Policy
© 2025 Bitcoinist.com. All Rights Reserved.
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
      • Crypto Betting
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Advertise

© 2025 Bitcoinist. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.