CryptoMediaClub
Wednesday, July 30, 2025
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
CryptoMediaClub
No Result
View All Result
Home Blockchain

XRP lawyer John Deaton joins LBRY case as amicus curiae

15.09.2023
A A
0
122
VIEWS
ShareShare

Lawyer John Deaton, who represents numerous XRP token holders in the Ripple- Securities Exchange Commission (SEC) lawsuit, has formally submitted his notice of appearance as an Amicus Curiae in the LBRY lawsuit.

According to a document submitted on Sept. 14, 2023, to the United States Court of Appeals for the First Circuit, Deaton has officially submitted his Notice of Appearance on behalf of Amicus Curiae Naomi Brockwell.

Referring to his submission, Deaton said in a post on X (formerly known as Twitter),

“Win, lose, or draw, we will be in the fight!”

Notably, Naomi Brockwell serves as the founder of Crypto Law, a platform dedicated to offering insights and updates on legal and regulatory developments related to cryptocurrencies in the United States, in collaboration with Deaton.

The lawyer is known for his advocacy for the rights of cryptocurrency investors and his active engagements in legal proceedings and discussions surrounding cryptocurrency regulations and legal actions.

In March 2021, the United States SEC initiated a legal action against LBRY, alleging that the company unlawfully sold LBC tokens without registering with the agency, as required by law.

On Sept. 7, LBRY filed a notice of appeal to the United States Court of Appeals for the First Circuit, seeking to challenge the final judgment entered on July 11 that ordered LBRY to pay a civil penalty and barred it from participating in unregistered offerings of crypto asset securities in the future.

In July 2023, the United States District Court for the District of New Hampshire issued the final judgment in the US SEC vs. LBRY lawsuit. The ruling said that LBRY was liable for violating Section 5 of the Securities Act of 1933.

Related: SEC’s Gary Gensler to hold firm on crypto enforcement in Senate hearing

The outcome of the LBRY case was seen as having potential implications for the XRP lawsuit. However, on July 14, 2023, U.S. District Judge Analisa Torres issued a summary judgment in Ripple's favor, determining that the sale of XRP tokens to retail buyers did not constitute securities.

Collect this article as an NFT to preserve this moment in history and show your support for independent journalism in the crypto space.

Magazine: Crypto regulation — Does SEC Chair Gary Gensler have the final say?

Share9Tweet6ShareSharePin2

Related Posts

Ondo Finance Unleashes Revolutionary Tokenized US Treasuries on Sei
Blockchain

Ondo Finance Unleashes Revolutionary Tokenized US Treasuries on Sei

18.07.2025
0

Skip to content

Read moreDetails
Hashed stablecoin: South Korea’s Crypto Giant Unveils Bold Trademark Play

Hashed stablecoin: South Korea’s Crypto Giant Unveils Bold Trademark Play

17.07.2025
LA Token’s Strategic Move: Lagrange Foundation Considers Crucial Buyback for Price Stability

LA Token’s Strategic Move: Lagrange Foundation Considers Crucial Buyback for Price Stability

14.07.2025
Shocking Loss: Crypto Influencer Accidentally Burns $75K in PUMP Token

Shocking Loss: Crypto Influencer Accidentally Burns $75K in PUMP Token

14.07.2025
Dubai’s Historic Approval: Qatar National Bank Launches Revolutionary Tokenized Money Market Fund in DIFC

Dubai’s Historic Approval: Qatar National Bank Launches Revolutionary Tokenized Money Market Fund in DIFC

08.07.2025
Load More
Next Post
BTC price shows ‘textbook’ Wyckoff moves as Bitcoin bulls defend $25K

BTC price shows 'textbook' Wyckoff moves as Bitcoin bulls defend $25K

0 0 votes
Рейтинг статьи
Subscribe
Notify of
guest
guest
0 комментариев
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

Recommended

Bitcoin owners hold tight as new UTXOs outstrip spending

Bitcoin owners hold tight as new UTXOs outstrip spending

2 years ago
Bitcoin Ordinals Collection NodeMonkes Briefly Surpassed BAYC in Market Cap

Bitcoin Ordinals Collection NodeMonkes Briefly Surpassed BAYC in Market Cap

1 year ago

Bitcoin Will Reach its ATH of $69,000 This Year: 25% of Americans Believe (Survey)

2 years ago
Bitget Pockets Introduces 2025 Technique with ‘PayFi’ on the Core

Bitget Pockets Introduces 2025 Technique with ‘PayFi’ on the Core

6 months ago

Categories

  • All news
  • Altcoins
  • Analysis
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
No Result
View All Result

Highlights

SharpLink Secures 438K ETH, Spending $290M in Weeklong Buying Spree

Interactive Brokers Considers Launching Its Own Stablecoin

The Future of Bitcoin BTC Income: EarnMining App Offers Stable Daily Rewards

93% of Financial Institutions Plan to Implement AI Agents in Compliance

Major Breach Study Reveals Widespread Leaks of Bank Statements, SSNs, and Crypto Keys

Global stablecoin searches hit all-time high with Washington leading traffic

Trending

ChatGPT’s 28-Indicator XRP Analysis: 95% ETF Odds Ignite Battle Over $3.11 Support Line
All news

ChatGPT’s 28-Indicator XRP Analysis: 95% ETF Odds Ignite Battle Over $3.11 Support Line

29.07.2025
0

XRP is trading at $3.09, with volume declining 13.36% to $6.66 billion. Bloomberg analysts have upgraded ETF...

StanChart predicts corporates will control 10% of Ethereum supply over time

StanChart predicts corporates will control 10% of Ethereum supply over time

29.07.2025

Billionaire Calls for Buying More Bitcoin as U.S. Debt Spirals – Best Wallet Automates the Strategy, ICO Hits $14.3M

29.07.2025
SharpLink Secures 438K ETH, Spending $290M in Weeklong Buying Spree

SharpLink Secures 438K ETH, Spending $290M in Weeklong Buying Spree

29.07.2025
Interactive Brokers Considers Launching Its Own Stablecoin

Interactive Brokers Considers Launching Its Own Stablecoin

29.07.2025
  • All news
  • Altcoins
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
  • Analysis
Editor: cryptomediaclub.com@gmail.com
Advertising: digestmediaholding@gmail.com

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

wpDiscuz