John Deaton, a lawyer for XRP investors, has provided a significant tip to the community about the rumoured huge news he is about to make. In response to a request from Jungle Inc, whom he said was his buddy, the XRP supporter posted the advice on his official X platform account.
https://x.com/JohnEDeaton1/status/1705013065379447078?s=20
Deaton shared a photo of himself working diligently on some paperwork while seated next to a little table. This stance is seen as the first indicator of what the public might anticipate from his future declaration.
He also mentioned the XRPL as the second hint to be on the lookout for in the major news. The expectation from XRP and the larger crypto community as a whole is growing despite the fact that it is yet unclear what legal preparations the lawyer representing XRP holders may have for XRPL.
The announcement will be focused on the Initial Coin Offering (ICO) run by the Ethereum network back in 2015. This is the final hint provided by the leading cryptocurrency attorney. The statement is expected to support Deaton and a few other assertions regarding the partial and selective regulatory measures taken against Ripple Labs and XRP, even if it is still unclear what the relationship is between all of these unrelated components.
All things need to be worked out
It is important to note that Deaton simply said that everything must be resolved before the news can be made public.
While the resolution of the protracted legal issue seems to be in reach, Deaton, a prominent figure in the XRP community, is set to make fresh material public that would aid the industry in understanding the SEC’s activities.
