John E Deaton|Jul 13, 2026 18:41
How do we know XRP Holders made a difference in the @Ripple XRP case?
First, Judge Torres cited the amicus brief I filed. But to be fair, she cited other amicus briefs as well. Therefore, that, alone, is does not prove we made a difference.
Second, when ruling “XRP itself is not a security” Judge Torres cited to the nearly 4K XRP holder affidavits I submitted in the case. Out of the thousands of exhibits submitted in the case overall, in her final summary judgment decision, she only cited to several dozens exhibits. XRP holder affidavits was one of those exhibits.
Three, in Footnote 16, Judge Torres cited to the oral argument exchange between myself and the Federal Judge in the @LBRYcom case, related to secondary market sales of digital assets.
Finally, in my amicus brief, I specifically asked the court to affirmatively declare XRP itself not a security - as it is nothing more than digital code - and even if Ripple had marketed, packaged and sold XRP as a security - under certain specific circumstances - the token itself was nothing more than code - just as beavers, gold, condominiums, chinchillas and orange groves - all once sold as securities - themselves - were not.
Congrats! 🎉🎊🍾(John E Deaton)
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