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CryptoIntelligence 2024-05-04 11:24:12

Senate Hopeful and Crypto Lawyer John Deaton Supports Coinbase in SEC Battle

Senate Hopeful and Crypto Lawyer John Deaton Supports Coinbase in SEC Battle

John Deaton, a crypto lawyer currently vying for a Senate seat against Elizabeth Warren, has filed a brief supporting Coinbase in its appeal against the United States Securities and Exchange Commission (SEC). In a filing dated April 26 in U.S. District Court for the Southern District of New York, John Deaton lodged an amicus brief backing a motion for interlocutory appeal on behalf of 4,701 Coinbase customers. The document, filed pro bono, aims to advocate for the interests of these customers rather than the exchange itself. Deaton cited past SEC enforcement actions as evidence that the regulator “does not speak

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