Attorney John E. Deaton has made it clear that he has no involvement with Jimmy Vallee’s XRP buyback proposal, asserting that he will not accept money for his efforts in the Ripple and LBRY cases.
Deaton made this known in a Twitter thread yesterday. The remarks came in response to an excerpt from the proposed terms of Vallee’s XRP buyback that mentions making a payment to the attorney for his role in the US Securities and Exchange Commission case against Ripple as a friend of the court on behalf of thousands of XRP holders.
Reacting to the document making the rounds on Twitter, Deaton clarified that he has not and will not ask anyone for money for his work on behalf of XRP or LBRY Credits (LBC) holders. In addition, he says he is not expecting payment and will continue to turn down offers of compensation. While the attorney admits that his efforts have come at a cost, he asserts that he is undeterred because he can afford to cover these costs and because it is the right thing to do.
All Comments