XRP Attorney Provides Three Clues Prior To His ‘Big Announcement’ Today Amid Ripple-SEC Conflict
To calm the community down ahead of his anticipated “big announcement” today, attorney John E. Deaton, who is defending over 75,000 XRP investors in the SEC vs. Ripple litigation, has dropped three tantalizing hints.
In response to a prod from someone he called “friend,” the crypto lawyer posted the suggestions on X (previously Twitter).
A picture of him sitting over a little table, intently studying some paper work, was the first clue that the community might anticipate from his impending major announcement.
As his second piece of information, Deaton mentioned the XRP Ledger. The potential of the legal expert’s plans for the XRPL has further fueled anticipation from the XRPArmy and the larger crypto world, despite Deaton’s prior emphasis being more on the legal side of XRP than its technological capabilities.
Last but not least, the lawyer for XRP holders has hinted that the statement may include the Ethereum network’s ICO from 2014. The initial coin offering for ether will go down in cryptocurrency history as a landmark event.
At this time, the relationship between these three seemingly unrelated evidences is unclear. However, the news is timed to bring attention to charges made by Deaton and others that Ripple Labs and XRP have been the target of unfair legal action.
Deaton has already hinted that he has some kinks to iron out before he can make the news public. He has also said emphatically that he will not be suing anybody as a result of this disclosure.
Whatever the statement is about, it might provide insight into the SEC’s activities even as the lengthy legal war with Ripple nears its end, given that Deaton is a prominent figure in the XRP ecosystem.
