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  • With Judge Analisa Torres dismissing Jeffery Epstein’s death case, XRP community members speculate her links with the “deep state”.
  • Ripple attorney John E. Deaton dismissed the speculations saying they are “absolutely not true” and the judge dismissed the case as the prosecutors reached a plea deal with the guards.

The Ripple vs SEC battle is taking new turns and is slowly turning into a political slugfest drifting away from the merits of the case. In a recent development, there have been allegations that Judge Analisa Torres is part of the “deep state” and might side with the U.S. Securities and Exchange Commission (SEC) in its case against Ripple.

These claims come as the federal judge dismissed a case recently against two correctional officers who admitted to falsifying records just on the night of Jeffery Epstein’s death. Going back to understand the context, Epstein was a sex offender from America having links to some of the country’s political elites.

His death, which currently awaits trial at the Metropolitan Correctional Center in New York, has been a subject of a major controversy. Although the medical examiner had ruled that his cause of death was suicide committed by hanging, others have viewed the circumstances around it as too convenient. Many have been also speculating that Epstein was murdered in order to protect the secrets of powerful individuals in government.

But with Judge Torres dismissing the case, members from the XRP community have started raising questions. Besides, others have been speculating that the judge is part of the cover-up and working to protect the government’s interests.

Thus, the XRP community members fear that in such a case, Judge Torress would likely give a ruling in favor of the SEC against Ripple, that XRP is an unregistered security.

Attorney John Deaton Refutes Claims

Amid all the current developments, CryptoLaw founder Attorney John E. Deaton refuted the claims that Judge Toress is working for the “deep state”. In his tweet on Sunday, March 5, attorney Deaton stated that the claims are “absolutely not true”. He wrote:

People are reading this entirely wrong. People read that Judge Torres dismissed the case two guards who falsified records related to Epstein and then make the crazy leap that Judge Torres is part of the deep state and will thus decide in favor of the SEC. Absolutely not true.

The Attorney has been also representing thousands of XRP holders as a friend of the court. Mr. Deaton added Judge Torress only dismissed the case as the prosecutors reached a plea deal with the guards.

It’s currently difficult to say in whose favor the Ripple vs SEC case would tilt. It is very unlikely that blockchain startup Ripple cannot win this case. Ripple General Counsel Stuart Alderoty has already mentioned that the company would immediately appeal the case in case the court rules in favor of the SEC. Alderoty is also expecting the case to end soon by the end of this month.

Earlier this year at the WEF 2023 summit in Davos, Switzerland, Ripple CEO Brian Garlinghouse sounded optimistic about the developments. He also spoke about the odds of Ripple winning the case against the SEC this year.

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This article is provided for informational purposes only and is not intended as investment advice. The content does not constitute a recommendation to buy, sell, or hold any securities or financial instruments. Readers should conduct their own research and consult with financial advisors before making investment decisions. The information presented may not be current and could become outdated.

Bhushan is a FinTech enthusiast and possesses a strong aptitude for understanding financial markets. His interest in economics and finance has drawn his attention to the emerging Blockchain Technology and Cryptocurrency markets. He holds a Bachelor of Technology in Electrical, Electronics, and Communications Engineering. He is continually engaged in a learning process, keeping himself motivated by sharing his acquired knowledge. In his free time, he enjoys reading thriller fiction novels and occasionally explores his culinary skills. Business Email: info@crypto-news-flash.com Phone: +49 160 92211628

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