- Written by: Lele Jima
- Mon, 26 Jun 2023
- United States
Attorney Deaton has highlighted the significant difference between the Ripple and LBRY lawsuits. CryptoLaw founder and pro-XRP attorney John Deaton recently called public attention to the major factors differentiating the Ripple and LBRY lawsuits. He made this known after a Ripple Engineer pointed out that the build-up to the summary judgment decision in the Ripple […] The post Deaton Highlights Major Difference Between Ripple and LBRY Lawsuits first appeared on The Crypto Basic.
Deaton Highlights Major Difference Between Ripple and LBRY Lawsuits
Attorney Deaton has highlighted the significant difference between the Ripple and LBRY lawsuits.
CryptoLaw founder and pro-XRP attorney John Deaton recently called public attention to the major factors differentiating the Ripple and LBRY lawsuits.
He made this known after a Ripple Engineer pointed out that the build-up to the summary judgment decision in the Ripple lawsuit is similar to the LBRY case.
In a recent Twitter exchange, Neil Hartner, a software engineer at Ripple, recounted how people speculated that the judge delaying the summary judgment decision in the LBRY case would bode well for the defendant.
However, things did not go that way, as LBRY lost the case to the SEC. Furthermore, Hartner said the volume of materials to review is the only factor to consider when discussing ruling timing.
I recall people following the LBRY case thinking the judge was taking a long time and speculating that was a good sign for the defendant. Which was a big nope. Volume of material to review seems like the only thing to read into the timing.