John Deaton, XRP holders’ legal champion in the never-ending soap opera between Ripple Labs Inc. and the U.S. Securities and Exchange Commission (SEC), has once again called out Bill Hinman, the agency’s former Director of the Division of Corporation Finance. Why? Because apparently, gaslights aren’t just for Victorian-era street lamps anymore. Hinman seems to have a knack for keeping the SEC’s spotlights aimed conveniently away from Ethereum while leaving XRP out in the cold. 🔥
John Deaton’s Hot Take (Now 37% Spicier)
Deaton, armed with receipts longer than a wizard’s shopping list, decided to react to Hinman’s commentary at the Ondo Summit. Why? Because old habits – like SEC speeches – die hard. Taking a trip down memory lane, Deaton highlighted how Hinman, in what some might call a *coincidence* and others might call *blatant favoritism*, handed Ethereum a free pass. Yes, free. Like chocolate at a suspiciously empty shop.
In his latest rant on X (formerly Twitter, because changing names is trendy now), Deaton pointed out that Hinman has always been cozy with Ethereum. We’re talking the kind of cozy that involves “making millions” and “ongoing profit-sharing partnerships.” How quaint. 👔💰
SOMEONE BOOK BILL AND ME ON A SHOW TOGETHER
Facts:
Hinman, connected to ETH in significant ways, including making millions as an ongoing profit sharing partner with people representing ETH and ETH companies, on June 14, 2018, gave a speech, declaring BTC & ETH non-securities.…
— John E Deaton (@JohnEDeaton1) February 8, 2025
Deaton, never one to miss a chance to stir the pot, demanded to be put on the same panel as Hinman. Because, let’s face it, that would be the televised smackdown we all didn’t know we needed. Despite all the Ether-love, Hinman’s subtle side-eye toward XRP during the summit still managed to spark outrage in the community. Gaslighting? Oh, more like gasflaming. 🔥🔥🔥
XRP: The Unsinkable Coin (or So It Claims)
Meanwhile, in the Land of Digital Coins, XRP is busy doing what XRP does best – thriving like a particularly stubborn weed. Ranked now as the *fourth* largest digital currency, XRP has flexed a 366% growth over the past year. That’s right, folks, it’s the tortoise in a market full of hyperactive hares. 🐢💪
Whispers are circulating about adding XRP to the United States’ new national digital asset stockpile. Yes, the same U.S. government that still struggles with fax machines might be considering XRP as part of their shiny digital asset hoard. Someone sound the irony alarms. 🚨
Oh, and let’s not forget the RLUSD stablecoin, which might inject some extra fuel into XRP’s engines. With enough liquidity swirling around, XRP could find itself catapulted into even greater heights. 🚀 Watch out, moon – XRP’s coming!
In short, amid legal joustings, gaslight theatrics, and enough sarcasm to fill a wizard’s tower, XRP continues to be the little coin that could. Should the day come when the SEC waves its white flag on non-fraud crypto lawsuits (*insert sarcastic laughter here*), XRP could very well explode into another stratosphere this year. Prepare popcorn accordingly. 🍿
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2025-02-08 15:55