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Coin Edition 2025-01-16 10:50:00

Attorney Deaton Reflects on Accurate Lawsuit Prediction as XRP Soars Past $3

Attorney John Deaton reflects on his accurate prediction that XRP itself would not be classified as a security. XRP’s price surges past $3 for the first time since 2018. Deaton credits FOX News coverage for raising public interest and reassuring XRP holders during the lawsuit. In a post on X today, pro-XRP attorney John Deaton looked back on his bold prediction regarding XRP’s legal status during the Ripple lawsuit as the token approaches an all-time high. He reminded the crypto community that, as amicus counsel in the Ripple case—representing 75,000 XRP holders—he received over 1,000 emails from concerned individuals. They were asking if they should sell XRP due to fears that Judge Analisa Torres might classify it as a security. Deaton’s Early Prediction in XRP Lawsuit Deaton noted that many people reaching out had their life savings or retirement funds tied up in XRP, which understandably caused distress. He explained that while he couldn’t provide specific financial advice, he consistently told these individuals that he was confident Judge Torres would rule that XRP itself was not a security . He also noted that even if Judge Torres determine… The post Attorney Deaton Reflects on Accurate Lawsuit Prediction as XRP Soars Past $3 appeared first on Coin Edition .

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