Ripple attorney John E. Deaton has highlighted potential conflicts of interest within the SEC regarding its lawsuit against Ripple.
Deaton’s allegations raise concerns about regulatory capture, potential conflicts of interest, and lack of compliance within the SEC, shedding light on a multifaceted situation that could impact the outcome of the Ripple vs. SEC lawsuit.
As the Ripple vs. SEC battle continues further, prominent lawyer John E. Deaton has shed some light on the potential conflict of interest influencing the SEC’s decision to initiate an action against blockchain startup Ripple.
Interestingly, Ethereum finds itself at the center of all these allegations while referring to the ETH-Gate as a complex network of connections. In his initial explanation of the “regulatory capture”, attorney John Deaton tweets:
“What is regulatory capture: regulatory capture, a form of government failure in which a regulatory agency, which is supposed to represent the needs of the greater

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