Crypto Lawyer John Deaton Calls for Coordination Against SEC's Anti-Crypto Efforts

Qadir AK
Qadir AK

16 Mar 2023 9:51 AM

Crypto lawyer and XRP advocate, John Deaton, has taken to Twitter to assemble a group of companies and individuals who the SEC has claimed violated...

  • Crypto lawyer John Deaton is seeking companies and individuals who the SEC has claimed violated Section 5 of the Securities Act.
  • Deaton is interested in software code that the SEC claims are an investment contract, regardless of the seller or circumstances of the sale.
  • Deaton is calling for a coordinated effort to counter the anti-crypto push by the SEC.
  • Deaton and other experts in the industry are concerned about the SEC’s interpretation of investment contracts.

The article discusses the concerns of the crypto industry regarding the SEC's actions and interpretation of investment contracts. While there is a call for a coordinated effort to counter the anti-crypto push, there is also concern about the potential impact on the industry. The sentiment of the article is cautious and concerned.

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Related Questions

Who is John Deaton and what is he seeking?
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