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XRP Lawyer Looks To Build Union Against US SEC Enforcement

John Deaton, Amicus Curiae in the XRP lawsuit aimed to build a union against the US SEC’s enforcement.

Attorney John Deaton, XRP holders’ lawyer taking the initiative mentioned that anyone from the crypto industry who is involved in active litigation with US SEC or being asked to settle prior to an enforcement action can join him.

He highlighted that this is an attempt to assemble a group of individuals or companies who the commission alleges violated section 5 of the Securities Act. This involves the allegations of issuing, offering, or selling a token that the US SEC claims to Satisfy the Howey test.

(By Ashish Kumar)

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