The blockchain enthusiast and lawyer John E Deaton, who is a prominent member of the leading crypto firm Ripple’s XRP community, shared today a series of Twitter threads on his official page, briefly tracing the journey of the SEC-Ripple case since 2021 when he filed the motion to intervene as a “third-party defendant”.
Notably, he began his tweet by claiming that the 12,600 XRP holders who joined the motion in 2021 turned out to be more than 75K in 2023:
Significantly, Deaton’s tweets came in response to the YouTuber Richard Heart, who referred to the XRP case as an instance for filing an amicus brief or motion, commenting:
Reacting to the YouTuber, Deaton pondered on the criticism he received at the beginning for filing the “unlikely” motion when many people including lawyers called him “crazy”.
Interstingly, Deaton stated that the “SEC waged a war against crypto”, quoting:
Corroborating his point, Deaton told that the thousand XRP holders intervening in the SEC-Ripple case show the “volumes of the public interest” in the case.
In concluding his words, Deaton suggested his readers think differently and “organize”. He added that all the companies that are in active litigation with the SEC are at “war”.
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Source: Cryptocurrency - investing.com
