John E. Deaton, the notorious defender of XRP, who representing no less than 75,000 token holders in the iconic Ripple Labs versus SEC case, Deaton is preparing to make an eagerly awaited announcement.

Deaton’s avid Twitter followers were treated to three mysterious tips shared by the lawyer. The first: an image of Deaton himself, focused on reading documents that only he knows. The second: A cryptic mention of XRPL, the central blockchain behind XRP’s functionality. And the third: a reference to the Ethereum (ETH) ICO, which brought with it a baggage of recent controversies and questions about the SEC’s activities during that period.

But, what is the essence of these tips? For crypto aficionados, any mention of the documents examined by Deaton immediately raises the alarm of possible revelations linked to the SEC v. Ripple. Given Deaton’s crucial role, many believe the documents could be decisive in the outcome of this dispute.

As for XRPL, although Deaton generally delves into the legal aspects of XRP rather than its technical features, the community hopes that the upcoming announcement could reveal innovative regulatory prospects for XRPL.

And finally, the mention of the Ethereum ICO. Recently, Steven Nerayoff, one of Ethereum’s first advisors, gave impactful statements about the SEC’s behavior and possible infractions committed by Ethereum. Deaton, who had expressed interest in bringing Nerayoff on for a segment on his Crypto-Law TV, could be laying the groundwork for something big related to “ETH Gate.”

Now, with their eyes fixed on social media, everyone is anxiously awaiting the revelation promised by Deaton. At the time of publication, the price of XRP was listed at US$0.514117, up 1% in the last 24 hours.


The views and opinions expressed by the author, or anyone mentioned in this article, are for informational purposes only and do not constitute financial, investment or other advice. Investing or trading cryptocurrencies carries a risk of financial loss.


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