LIVEPro-XRP Lawyer John Deaton Criticizes SEC’s Actions 💢
John Deaton's statements raise important concerns about the #SEC's approach to crypto regulation and its potential impact on the industry's growth and fairness.
He believes that the SEC's actions may prioritize the interests of larger financial institutions over individual investors, leading to a perceived double standard.
The allocation of limited resources and focus on certain cases could hinder innovation and hinder the development of the cryptocurrency industry. Additionally, Deaton highlights the SEC's opposition to retail investors participating in the Ripple case, further solidifying the perception of bias towards established entities.
These issues highlight the need for a balanced and effective regulatory framework for digital assets.
