The post Ripple Vs SEC Lawsuit Update: Deaton Dismisses Settlement Rumors with the SEC appeared first on Coinpedia Fintech News
In a recent live broadcast, pro-XRP lawyer John Deaton dismissed claims of ongoing settlement talks between the SEC and Ripple amidst the SEC’s motion to compel financial statements. Deaton labeled the current legal proceedings as “scorched earth litigation.”
No Settlement Talk
Attorney Deaton firmly stated that, as of now, there are no ongoing discussions about a settlement between the SEC and Ripple. This declaration was based on the SEC’s recent motion requesting Ripple to produce audited financial statements from 2022 – 2023 and post-complaint contracts overseeing institutional sales.
What’s Next for XRP Holders? https://t.co/J1iChh6hR0
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Deaton said, “I don’t think there are any talks for a settlement. This is still scorched earth litigation even in the remedies stage,” stressing how intense th
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