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Lead Plaintiff in Zakinov-Ripple Case was a Day Trader; Says Deaton

Published 12/02/2023, 09:31
Updated 12/02/2023, 09:45
© Reuters.  Lead Plaintiff in Zakinov-Ripple Case was a Day Trader; Says Deaton

  • John E Deaton tweeted sharing reasons for his recent filing of the Amicus Brief in the Zakinov-Ripple case.
  • He told that the Lead Plaintiff is only a day trader who bought, owned, and sold XRP in two weeks.
  • He added that Plaintiff hasn’t depended on XRP which is evident from the sale of the XRP within two weeks.

John E Deaton, the XRP lawyer and founder of Crypto-Law, provided explanations for his recent proposal to file the Amicus Brief in the lawsuit against the crypto exchange Ripple Labs, commenting that Vlad Zakinov, the Lead Plaintiff in the class action case is “a day trader who bought, owned and sold XRP” in just two weeks.

Deaton tweeted that Zakinov commented when he “bought XRP he was relying on the efforts of Ripple because they promised to get financial institutions to use XRP”:

On February 9, Deaton along …

The post Lead Plaintiff in Zakinov-Ripple Case was a Day Trader; Says Deaton appeared first on Coin Edition.

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