BCGAME - Free 5BTC Daily Bonus!- Deaton defends crypto investors against the SEC.
- XRP gains legal status after court battle.
- Political contributions in cryptocurrencies stand out.
In recent statements, Massachusetts Senate candidate John Deaton highlighted his active participation in defending the interests of small cryptocurrency investors. He responded to Senator Elizabeth Warren’s questions about political support coming from the crypto community, stating that he has sued the government over SEC actions that have harmed these investors.
“I sued the government because the SEC did something very bad to small retail investors,” said Deaton, who has also gained recognition for his pro bono work, receiving several awards.
During the debate, Deaton emphasized the legality of the XRP token, thanks to his legal efforts. He revealed that the support he received from a cryptocurrency billionaire contributed significantly to Vice President Harris’ campaign, with the donation of millions in XRP. “If I hadn’t done what I did, suing the SEC on behalf of small retail investors, that donation to your preferred candidate, Senator [Warren], wouldn’t have happened,” Deaton explained, highlighting the irony of the situation.
🚨BREAKING: John Deaton attacks Senator Elizabeth Warren and the SEC live!
He mentioned #XRP and retail investors. pic.twitter.com/lWKSrTpdTK
— JackTheRippler©️ (@RippleXrpie) October 16, 2024
In the cryptocurrency community, Deaton is seen as a central figure in the fight for rights and legal recognition. On the social network X, formerly known as Twitter, users express admiration for his commitment.
The controversy surrounding the SEC and XRP is not new, but it has taken on new dimensions with the Commission’s decision to pursue legal proceedings against Ripple Labs, after appealing to the Second Circuit Court of Appeals. This action has intensified scrutiny on the agency, which has already been heavily criticized for its approach to cryptocurrencies.
