Vocal XRP Advocate John Deaton Volunteers to Testify at Crypto Hearing
Renowned crypto lawyer John Deaton has volunteered to testify at a congressional hearing on cryptocurrencies scheduled for January 10.
On Thursday, Deaton took to X (formerly Twitter), expressing his willingness to represent the interests of several individual token holders. He offered to testify, at the hearing by the Digital Assets, Financial Technology, and Inclusion Subcommittee of the House Financial Services Committee.
The hearing will examine the impact of the Financial Stability Oversight Council’s regulatory framework in the crypto space.
If you want someone to testify who actually represents the interests of token holders – not crypto companies – and who has taken on the SEC and who’s helped expose just how much Gary Gensler does NOT protect investors – I volunteer my services. I represented 75K XRP holders as…
— John E Deaton (@JohnEDeaton1) January 4, 2024
“If you want someone to testify who actually represents the interests of token holders – not crypto companies – and who has taken on the SEC and who’s helped expose just how much Gary Gensler does NOT protect investors – I volunteer my services.”
The pro-XRP advocate is known for his role as amicus counsel for over 75,000 XRP holders in the Ripple-SEC lawsuit. He officially filed a formal notice of appearance as an Amicus Curiae in the LBRY lawsuit in September 2023.
Further, the attorney, who is also the founder of CryptoLaw, predicted the possibility of having a split victory in the lawsuit between the American cryptocurrency exchange Coinbase and the Securities and Exchange Commission (SEC).
Deaton previously cited Jan. 17, 2024, as the next key date in the Coinbase litigation.
“If you want the American public to learn what Gary Gensler and the Biden/Warren
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