- Coinbase (NASDAQ:COIN) revealed SEC’s request to suspend trading of cryptocurrencies except Bitcoin before suing the exchange.
- Before the SEC v. Ripple ruling, Deaton urged everyone to hope the SEC fails.
- A different outcome in the XRP case might have emboldened a stronger anti-crypto stance among certain political factions.
Today, Coinbase revealed the Securities and Exchange Commission’s (SEC) request to suspend trading of all cryptocurrencies except Bitcoin prior to suing the exchange. Prominent attorney John Deaton has stressed the profound implications of the XRP ruling, highlighting its importance in the wake of the SEC’s actions against Coinbase.
Now you can truly see just how significant the #XRP ruling was. Over a year ago, I did a video for @CryptoLawUS entitled “Every coin is in danger.” https://t.co/AQJdpHi5Eq— John E Deaton (@JohnEDeaton1) July 31, 2023
According to Deaton, in his video posted over a year ago, he warned about the potential dangers facing all cryptocurrencies. He emphasized that at the beginning of his discussion regarding the SEC v. Ripple case, where he said:
I’m going to prove why everyone, even if you hate Ripple and despis…The post Coinbase Reveals SEC’s Request, Pro-XRP Lawyer’s Warning Comes True appeared first on Coin Edition.
The post Coinbase Reveals SEC’s Request, Pro-XRP Lawyer’s Warning Comes True appeared first on Coin Edition.