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XRP attorney John Deaton, who represents the 75,000 token holders in the Ripple vs the U.S. Securities and Exchange Commission (SEC) has been awarded with the Defender of Freedom Award. This comes after the lawyer’s recent claims of gaining access to documents that show irregularities in the Ethereum initial coin offering (ICO).
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XRP Lawyer Honored
The International Congress of Blockchain Legal Advisors has announced that Deaton was the receiver of inauguaral Defender of Freedom Award. The award is to celebrate individuals and entities that have gone above and beyond in their quest to uphold freedom in the crypto community, the organization said in a statement. It explained further,
“Deaton’s visionary strategy enabled digital asset owners to intercede against SEC enforcement actions, a pioneering approach that served as a protective shield against the SEC’s overreaching tactics.”
The recognition comes in the context of the recent victory in the XRP lawsuit with the Summary Judgment, wherein the retail buyers’ position has been safeguarded in the ruling by US Judge Analisa Torres. The ruling meant that the long running legal battle between the SEC and Ripple Labs paved way for a push for clear regulatory framework in the United States.
Ripple Executives Meet Lawmakers
Recently, a team of company executives led by Ripple chief executive officer Brad Garlinghouse visited Washington D.C. to meet US Congress members to discuss the proposed crypto bills. The development shows sharp contrast to the Ripple stance about regulatory stance in the United States before and after the Summary Judgment was delivered in July 2023.
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