Massachusetts Republican Senate candidate John Deaton intends to hold the SEC accountable for the $15 billion losses suffered by XRP retail investors.
Deaton represented over 75,000 XRP token holders as an amicus curiae in the SEC's lawsuit against Ripple Labs.
He argues that the SEC's aggressive litigation caused the value of XRP to plummet, resulting in significant financial harm to investors.
Deaton demands accountability from the SEC and awaits the results of an Inspector General investigation, potentially leading to legal action and reparations for XRP investors.