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Attorney John Deaton Pinpoints SEC’s Next Action That Could Force Another 50% Market Crash

John Deaton, the renowned crypto proponent and the attorney representing over 75k XRP holders in the ongoing Ripple-SEC lawsuit, believes the SEC would launch a court battle against more crypto projects in the future as the agency continues its regulation of the nascent industry by enforcement.

Reiterating a claim he made six months ago, John Deaton noted that the SEC’s agenda to sue a top crypto exchange for selling unregistered securities could result in a 50% crypto market crash. 

(by Ndianabasi Tom)

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