John Deaton's Senate Race Update + Why Schwab Walked From Linqto at the 11th Hour. Jake Claver works through liquidity, tokenization and real world assets in this recording.
What this recording covers
Claver interviews attorney John Deaton, who describes how he came to represent tens of thousands of XRP holders after a regulator sued the issuing company and exchanges began delisting the token. Deaton explains the legal argument that the token itself is not a security, how he filed a motion to intervene and was granted amicus status, and how the judge ultimately cited the XRP holders' brief in her ruling. The conversation then turns to Deaton's second Senate campaign in Massachusetts, where he faces a long-serving incumbent. He explains why fundraising is more difficult this time. Deaton also discusses the ongoing bankruptcy proceedings of a private-market platform, including the last-minute withdrawal of a financial firm from a planned acquisition and his legal argument that a bankruptcy judge can order the acquirer to honour its contract under federal bankruptcy law.
Where this fits
This page hosts a recorded video and a short summary of what it covers. It is general information, not investment, tax, or legal advice, and not a recommendation to buy or sell any asset or to form any entity. Rules change and older recordings may describe a position that has since moved. Speak to a qualified professional before acting.