John Deaton Reflects on Past Fight for XRP’s Legal Standing Amid Growing ETF Interest

The cryptocurrency market is witnessing a surge of interest in exchange-traded products (ETFs) for XRP, particularly as the SEC lawsuit involving Ripple Labs reaches its close. This shift reflects the significant progress made by XRP in navigating legal hurdles and gaining regulatory acceptance. John Deaton, a prominent figure in the XRP community, highlights the critical role his involvement in the past legal battle played in shaping the coin’s current position. He recounts how he filed a motion to intervene in the Ripple lawsuit four years ago, aiming to represent XRP holders and challenge the SEC’s claims.