John Deaton, amici counsel for 75,000 XRP holders in SEC v. Ripple, discusses the latest developments in the case and makes a bet with Charles Gasparino of FoxBusiness that the SEC will lose the case. (The bet is a steak dinner.) All content, including text, graphics, images and information, in this video is for informational purposes only and not intended or implied to be a substitute for professional financial, investment or legal advice of any kind. You should consult a financial expert or lawyer for advice and take no action or decide not to act in reliance on the content of this video. #CryptoLawTV ... https://www.youtube.com/watch?v=ofXX2nLLp_Y

The SEC v. Ripple lawsuit, if it goes to trial and reaches a verdict, is likely to set a sweeping precedent on how digital assets can be regulated in the United States. The deposition of SEC Director of Corporate Finance William Hinman will be a crucial source of evidence for the analysis made by both sides of the case in a trial, and that evidence could play a big role in how the court reaches its conclusions. Hinman's deposition reportedly took about 11 hours to complete, but we've only seen about a fifth of its contents released. Most of it was excluded from the released version or suffered heavy redactions. But what we have seen tells us a great deal. In this first video of a playlist series entitled "UNPACKING THE HINMAN DEPOSITION", John Deaton analyzes what parts of the released excerpts affect the so-called "fair notice defense" being prepared by Ripple -- a fundamental question at the heart of the case, and the potential scope of the precedent that this case could set. Among the many tantalizing aspects of the transcript that exposed the lack of SEC clarity to the market, Deaton zeroes in on what the Hinman deposition revealed about the SEC's own policy for its own employees owning or trading digital assets didn't come into effect in 2018, and what role these portions of the transcript play should play in the outcome. Deaton also helps you read between the lines of the transcript, and understand some of the tricks of the trade employed by the lawyers on both sides of the case during Hinman's deposition, and what they reveal about strategy, and much more. For a "crash course" from John Deaton explaining what the fair notice defense is in the SEC v. Ripple case, watch this CryptoLawTV episode: https://youtu.be/dMKn51jgjFM All content, including text, graphics, images and information, in this video is for informational purposes only and not intended or implied to be a substitute for professional financial, investment or legal advice of any kind. You should consult a financial expert or lawyer for advice and take no action or decide not to act in reliance on the content of this video. ---------------------------- Source Document Discussed in this Episode: Hinman Deposition (Excerpts, with Redactions): https://www.crypto-law.us/wp-content/uploads/2021/08/Exhibit-B-to-SEC-Motion-Redacted-Version-of-Hinman-Deposition-08172021.pdf --------------------------- Got a question for John Deaton? Tweet your question with the hashtag #CryptoLawTV and John might answer it on the next episode! ... https://www.youtube.com/watch?v=ncLNZ9F5VFk