Pro-XRP Lawyer John Deaton Backs Brad Bondi As US SEC Chair
John Deaton, the lawyer representing over 75K XRP holders, reveals Brand Bondi as his first choice to become the next US SEC Chairman.
Pro-crypto lawyer John Deaton has picked his favorite candidate for the next US Securities and Exchange Commission (SEC) Chair. The possible candidates include Brad Bondi, Paul Atkins, Dan Gallagher and Bob Stebbins. Notably, crypto-critic Gary Gensler hinted at resigning from the SEC Chair position as President-elect Donald Trump builds a pro-crypto administration.
Pro-XRP Lawyer John Deaton Backs Brad Bondi As US SEC Chair
John Deaton, the lawyer representing over 75K XRP holders, reveals Brand Bondi as his first choice to become the next US SEC Chairman. He has considered former SEC Enforcement Chief John Reed Stark and Fox Business journalist Eleanor Terrett’s insights on the list of contenders including Brad Bondi, Paul Atkins, Dan Gallagher and Bob Stebbins.
“The implication was that I believed BRAD BONDI to be the right choice. However, I did not come out at say it publicly because I needed to do my own research and not just rely on John Stark’s analysis.”
He believes SEC General Counsel Bob Stebbins is “not the answer” to what Donald Trump, Howard Lutnick, Vivek Ramaswamy and Elon Musk are seeking. Former SEC Chair Jay Clayton supports Stebbins, but he doesn’t fit in the crypto-friendly Trump administration. Stebbins signed off on the Ripple lawsuit, including suing Brad Garlinghouse and Chris Larsen.
Paul Atkins or Dan Gallagher’s Odds Of Replacing Gary Gensler
John Deaton adds that former SEC Commissioners Paul Atkins and Dan Gallagher “don’t represent real change.” Atkins’s nomination to replace SEC Chair Gary Gensler will be welcomed by Wall Street and the big banks only. But that’s not part of Trump’s agenda of making crypto a pillar of economic agenda.
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