The US Securities and Exchange Commission (SEC) has filed another motion with the court to prevent XRP token holders from joining its litigation with the fintech company Ripple. According to the department, such investors cannot join the case as “friends of the court”, since they are “too disunited” and their interests coincide with those of the defendants.
“In addition, representatives of the petitioners use devalued vocabulary and mention physical abuse, publicly attacking the SEC and its employees,” – said in a statement.
The SEC mentions two cases of threats from XRP holders:
“For example, in response to a report on a dispute related to the pre-trial disclosure procedure in this case, the applicant’s representative John Deaton wrote on Twitter on March 12, 2021:“ There is only one way to deal with these bandits. Tap these bastards in the face. I am awake at 3 in the morning because of [неценз.]… See you soon, SEC. ” On March 3, 2021, Deaton posted a video describing Chairman Clayton’s “staged cross-examination” and used a variety of provocative statements, including alleged drug use, and promised to go to Chairman Clayton and beat him out of him.
The regulator also reports that the applicants inappropriately try to expand the scope of the case after talking about interference in it. Holders of XRP, in turn, claim that the SEC is attacking Deaton, portraying him as a “maddened crusader spreading conspiracy theories.”
Deaton claims to have made appropriate statements “with sarcasm and humor.”
“The SEC’s allegations of promoting violence or drug use are pitiable. They seek to portray Deaton in the most unfavorable light, hoping that this will have a negative impact on the petition for interference in the case, ”write representatives of the investors.

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