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Attorney Deaton Reacts to Empower Oversight's Lawsuit Against the SEC for Compliance with FOIA Request on XRP Communications

Attorney John E. Deaton, who represents thousands of XRP holders in the SEC v. Ripple case, has commented on Empower Oversight's lawsuit against the SEC. Deaton clarified that Empower Oversight has no affiliation with him, CryptoLaw, Ripple, crypto, or XRP. However, he acknowledged that the evidence assembled by the XRP community shows "massive conflicts of interest and gross appearance of impropriety." Deaton has previously called on the SEC to release documents requested by Empower Oversight, and he believes that the agency's leadership is corrupt. Empower Oversight filed a new lawsuit against the SEC to force the regulator to comply with its Freedom of Information Act (FOIA) request, which seeks detailed information involving former SEC chairman Jay Clayton and William Hinman's communications regarding XRP and other crypto assets.

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