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John Deaton Pinpoints Major Difference XRP Army Made In Ripple vs SEC Case

2025-09-05 02:15

John Deaton Pinpoints Major Difference XRP Army Made In Ripple vs SEC Case

John E. Deaton , the attorney who rallied thousands of XRP holders into one of the largest grassroots legal interventions in U.S. financial history, has emphasized that the “XRP Army” played a pivotal role in shaping the outcome of the Ripple vs. SEC case. In a recent post on X, Deaton firmly stated that the evidence is clear: community efforts influenced the judge’s decision, and denying that reality is either ignorance or dishonesty. Judge Torres’ Landmark Ruling In July 2023, Judge Analisa Torres issued her pivotal ruling in the SEC’s lawsuit against Ripple. The court determined that XRP itself is not a security and that programmatic sales of the token on exchanges did not meet the criteria of the Howey test. However, certain institutional sales were classified as securities transactions. This nuanced ruling introduced a transaction-based framework that now serves as a reference point in wider debates over digital asset regulation. Evidence That Made the Difference Deaton underscored that Ripple’s case involved over 2,000 exhibits, yet Judge Torres cited only a fraction of them. Among the selected evidence were affidavits submitted by XRP holders and arguments drawn directly from Deaton’s amicus brief. Significantly, Torres also referenced oral arguments Deaton made in the LBRY case regarding secondary market transactions, highlighting their relevance in shaping her conclusion. No credible person can argue that the XRP Army didn’t make a difference in the Ripple case. If they do they’re either ignorant to the facts and truth or intentionally lying. We have conclusive evidence that we made a difference. There were over 2K exhibits filed in the case. In… https://t.co/WK2MfOb6wS — John E Deaton (@JohnEDeaton1) September 3, 2025 According to Deaton, these citations confirm that XRP holders directly impacted the court’s reasoning. “Had she not cited those things, people could legitimately debate whether our efforts made a real difference,” he wrote. “But the proof is in the decision itself.” Ripple’s Acknowledgment of Community Support Ripple has also recognized the importance of the XRP community in building its defense. Deborah McCrimmon, Ripple’s Vice President and Deputy General Counsel, revealed in a podcast interview that community members provided research, documents, and historical records that bolstered Ripple’s legal arguments. By uncovering key pieces of evidence, volunteers eased the burden on Ripple’s legal team and provided materials that proved useful in court. A Precedent for Grassroots Legal Action The Ripple case set a new precedent for how community-driven participation can affect regulatory battles. Deaton noted that while people often dismiss the idea that individuals can make a difference, the XRP Army demonstrated otherwise. One lawyer’s initiative inspired tens of thousands of holders, whose affidavits and support collectively helped establish the principle that XRP, as a digital asset, is not a security by itself. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Post-June 2025 Developments The influence of XRP holders remains relevant even as the case closed officially. After Judge Torres rejected the proposed settlement in June 2025, both Ripple and the SEC withdrew their appeals , bringing the case to a close. This decision leaves Torres’ July 2023 ruling as the defining precedent. Without the involvement of the XRP Army, the clarity that retail sales of XRP are not securities might never have been secured, making their contributions foundational to the case’s long-term impact. Why This Matters for the Industry The SEC vs. Ripple battle was closely watched across the digital asset industry, and Judge Torres’ ruling now serves as a cornerstone reference in regulatory and judicial debates. By recognizing the influence of XRP holders, the case underscores that grassroots legal advocacy can play a decisive role in shaping financial precedent. Deaton’s reflections highlight an enduring truth: while one person may begin the fight, collective action is often what secures lasting change. For XRP holders, their role in this legal milestone not only safeguarded their investments but also reshaped the regulatory landscape for digital assets. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post John Deaton Pinpoints Major Difference XRP Army Made In Ripple vs SEC Case appeared first on Times Tabloid .