- John E. Deaton files a notice of appearance as an amicus curie in the LBRY case on behalf of Naomi Brockwell.
- Deaton expresses his commitment to the case regardless of the result.
- Brockwell previously confirmed her support for LBRY, and is a known holder of LBC tokens.
John E. Deaton, a crypto lawyer and XRP advocate known for his critique of the United States Securities and Exchange Commission (SEC), recently filed a notice of his willingness to defend LBRY in the SEC’s lawsuit against it. After submitting his notice of appearance as an Amicus Curie in the case, Deaton expressed his commitment regardless of the result, tweeting, “Win, lose or draw, we will be in the fight!”.
In 2021, the SEC charged the blockchain firm LBRY with “conducting an unregistered offering of digital asset securities”. As per the lawsuit, the regulators accused the platform of selling unregistered securities called “LBRY Credits” to investors.
Deaton reiterated his dedication to the case with the new filing on September 15. The filing indicates he will be making an appearance on behalf of Amicus Curie Naomi Brockwell, the co-founder of Deaton’s CryptoLaw. Ripple enthusiast and former federal prosecutor James K. Filan took to X (Twitter) to announce Deaton’s move in the LBRY case.
Previously, in 2022, Deaton, along with the lawyer Bill Gannon, submitted a request in the court to file an amicus brief on behalf of Brockwell, following her revelations in support of LBRY in the lawsuit. According to her statement, she earned LBRY’s LBC tokens from her video content shared on YouTube and Odysee, including viewer purchases, tips and rewards. She added that she hasn’t cashed out those tokens and continues to hold them.
The crypto community has been actively watching Deaton’s involvement in the legal tussles between the regulators and crypto firms, mainly driven by his firm stance in the SEC-Ripple case. Recently, Deaton took some by surprise when he opted not to file an amicus brief in Coinbase’s defense, on the rationale that his involvement is less relevant in SEC v. Coinbase, as it is a narrow legal issue.
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