Over 75,000 XRP holders’ lawyer and founder of Crypto Law.US, John Deaton, has got the XRP community’s attention again. He has provided three hints on what his Friday’s big announcement might be.
We reported a few days ago that he teased a big announcement for today. In his initial post, he stated, “If everything works out, I’ll have a BIG announcement this Friday (and no, I’m not suing anyone – yet)!” This got the entire community talking, and the speculation has not died down since then.
Only because my friend Jungle asked.
Here are 3 Hints:
1) the photo below;
2) the #XRPL;
— John E Deaton (@JohnEDeaton1) September 22, 2023
In the first hint, he referred to a photo of himself working at a small table. The table is covered with papers, and Deaton can be seen reading from one of them. However, the contents of the paper are not visible. The photo could hint at something other than the papers’ contents.
The second hint is XRP Ledger (XRPL). While the specific legal plans involving XRPL remain uncertain, this has added to the excitement within the XRP community. XRPL was in the news recently because of a new update adding two highly anticipated features and an increased throughput.
The final hint provided by Deaton is that the announcement would revolve around the Initial Coin Offering (ICO) conducted by the Ethereum protocol in 2015.
What Could the Hints Mean?
The connection between these seemingly unrelated elements remains unclear. However, Deaton’s announcement could highlight his claims about the selective regulatory actions against Ripple and XRP.
It’s important to note that Deaton emphasized that all details must be finalized before he shares the announcement with the public. This statement could point toward a collaboration with Ripple for the big announcement.
Ripple’s Chief Technology Officer, David Schwartz, recently teased some announcements for the upcoming Ripple party. Deaton’s announcement could be a precursor to those announcements.
Deaton is influential in the XRP community, and everyone is anticipating this announcement. The announcement could reveal new insights into the U.S. Securities and Exchange Commission (SEC) actions, especially as one of the announcements Schwartz hinted at was a potential settlement with the SEC.