.Coinbase and Binance users to be represented by JohnEDeaton1
of XRP holders, Deaton occupies an important position in the yet-to-be-concluded lawsuit between Ripple Labs and the SEC. Through his role, the more than 75,000 XRP holders he represents were able to lend their voice to the argument that they did not invest in XRP as an investment contract or security.
While the recent XRP ruling shows that the efforts put into the litigation were not a waste, should the case have turned out in the SEC's favor, Deaton would have been able to help the XRP holders he represented get a cut of the fines that Ripple Labs would have paid.
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