HomeCrypto NewsMarketAttorney John Deaton Says Ethereum Founder "Shameful" Comment Was An Attack On Innocent XRP Holders and Not Ripple

Attorney John Deaton Says Ethereum Founder “Shameful” Comment Was An Attack On Innocent XRP Holders and Not Ripple

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Attorney John Deaton Blast Ethereum Co-Founder Again for His Grudge Against Ripple (XRP).


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Ethereum co-founder Vitalik Buterin has continued to receive backlash for his statement against Ripple and XRP.

Yesterday, Buterin said XRP lost its right to be protected by Ethereum supporters after Ripple tried to “throw ETH under the bus” at the early stages of the company’s legal battle against the SEC

As reported by The Crypto Basic, Ethereum founder Vitalik Buterin in a tweet yesterday, expressed the belief that Ethereum supporters had no obligation to speak up in support or defense of XRP, recalling filings by Ripple in December 2020 in their legal battle with the SEC, where the firm named Ethereum as Chinese-controlled.

Buterin’s comment has been heavily criticized by members of the Ripple community, including attorney John Deaton, attorney Jeremy Hogan, as well as Ripple CTO David Schwartz.

Deaton Slams Buterin Again

Despite earlier slamming Buterin for making such derogatory statements against Ripple, attorney Deaton, who is currently representing XRP holders in the SEC lawsuit, still found time to put the Ethereum co-creator on blast. 

According to attorney Deaton, the fact that Buterin has refused to delete his ill statement against Ripple shows “he did not misspeak.” 

Attorney Deaton referred to Buterin’s comment as a hateful statement aimed at “innocent XRP holders” and not Ripple. 

“The more I think about the shameful and disgusting comment and considering you haven’t deleted or clarified it; I realize you didn’t misspeak. This was an immature hateful comment directed at a community of innocent digital asset holders and NOT Ripple.”

Recall that Deaton earlier proposed sending to Buterin emails of XRP holders who have been devastated financially following the SEC charges slammed against Ripple. 

“People who’ve never heard of Ripple have had their XRP and life savings frozen,” attorney Deaton said earlier. 

Meanwhile, Ripple’s General Counsel, Stuart Alderoty, described the SEC lawsuit as a rug pull against XRP holders

It is common knowledge that the value of XRP has shrunk massively as a result of the SEC lawsuit. U.S.-based exchanges were forced to de-list XRP from their trading platforms due to fear that the SEC could charge them for facilitating the trading of the crypto asset deemed as security. 

DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

Author

Lele Jima
Lele Jima
Lele Jima is a cryptocurrency enthusiast and journalist who is focused on educating people about how the nascent asset class is transforming the world. Aside from cryptocurrency-related activities, Jima is a lover of sports and music.

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