Key Points:
- Deaton’s Ethereum Revelation: Insider insights into Ethereum ICO irregularities.
- Offer to Cross-Examine: Deaton’s willingness to join Ripple’s legal team.
- Memoir Release: Deaton’s revealing book “Food Stamp Warrior.”
After days of heightened anticipation surrounding his major announcement, fervent pro-XRP lawyer John Deaton finally unveiled his revelation on September 22. As many had speculated, Deaton’s announcement primarily concerned the ETH Gate.
Pro-XRP Attorney: Eye-Opening Disclosures about Ethereum
During a live broadcast on his X platform (formerly Twitter), Deaton revealed that he had three significant announcements to make, with the first pertaining to irregularities in the Ethereum ICO (Initial Coin Offering).
John Deaton Live https://t.co/7Sj3RuySFO
— John E Deaton (@JohnEDeaton1) September 22, 2023
Deaton disclosed that he had been in contact with Steven Nerayoff, a prominent figure in the cryptocurrency world, known as a crypto OG due to his extensive experience and active involvement in Ethereum’s ICO. According to Deaton, Nerayoff shared some compelling evidence, shedding light on why Nerayoff felt he had been singled out.
It’s important to note that all the information Deaton received through this communication, as well as what he had personally observed, was covered by attorney-client privilege. Consequently, he was constrained in what he could divulge. Nevertheless, he did make some noteworthy observations based on his insights.
Deaton pointed out that certain individuals who distanced themselves from Nerayoff during his legal troubles may not be entirely truthful. However, he refrained from naming anyone specifically.
Furthermore, Deaton asserted that if the SEC’s case against Ripple’s founders were to go to trial, Bill Himman’s cross-examination would be of significant magnitude. He even offered to join the Ripple legal team “pro bono” and personally conduct this pivotal cross-examination. There is speculation that Himman played a central role in the regulatory leniency Ethereum may have received from the SEC.
Meanwhile, Deaton expressed confidence in bringing Nerayoff to Crypto Law when he is ready to reveal the complete truth about the interactions between the SEC and Ethereum. Although uncertainties exist regarding potential accountability (due to statute of limitations on certain charges), Deaton firmly believes that the truth will ultimately surface, and progress is being made in that direction.
Nerayoff also showed support for Deaton’s broadcast, expressing his eagerness for “the real truth” to emerge. In response, Deaton extended an invitation to Ethereum’s founders Vitalik Buterin and Joseph Lubin, as well as Nerayoff, to participate in a live discussion where nothing can be edited or manipulated, ensuring an unfiltered exploration of the truth.
Thank you @JohnEDeaton1. I look forward to the real truth coming out. @ethereumJoseph @VitalikButerin @digitalassetbuy @Leerzeit @EleanorTerrett @BoringSleuth @sentosumosaba @MoonLamboio https://t.co/cDcqoHOMFx
— Steven Nerayoff (@StevenNerayoff) September 22, 2023
Two Additional Announcements
As previously hinted, Deaton had noteworthy news about the XRP Ledger. He disclosed his involvement as an angel investor with the SpendTheBits team, creators of a cryptocurrency mobile payment app built on the XRP Ledger. Deaton conveyed his excitement about contributing to the project envisioned by the founders.
His third announcement centered around his memoir, which he had been crafting for four years. Titled “Food Stamp Warrior,” the book delves into topics considered taboo in today’s discourse, including poverty, violence, drugs, sexuality, addiction, abuse, and racial issues. Deaton also highlighted that he discusses the regulatory authorities at the SEC, whom he referred to as “clown regulators,” in his book.
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