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Binance And Coinbase Will Win Against SEC, Says Deaton In The Wolf of All Streets podcast, XRP-pro lawyer John Deaton and ETF expert Dave Nadig discuss various topics including a massive win for crypto with Grayscale defeating the US SEC, the anti-crypto agenda of the SEC, secret filing in the Binance lawsuit, and killing DeFi. advertisement The Wolf of All Streets said the SEC and Gary Gensler will think twice before bringing similar action and Grayscale’s win is monumental. John Deaton asserts the SEC can’t appeal the Grayscale ruling as they failed to give a reason for rejecting Bitcoin ETF and approved other Bitcoin futures ETFs. Further action by the SEC could impact the credibility of other agencies. The crypto companies are destroying the SEC as judges now also agree that the SEC’s actions are “arbitrary and capricious.” While discussing the SEC’s secret filing in the Binance lawsuit, Deaton predicted that Coinbase wou...

Users are urged to redeem their tokens using the wallet feature before the indicated date because both leveraged tokens that give users exposure to long or short positions in $ XRP will be delisted from the site. advertisement Why Is This Bad News For XRP? According to the release, if users continue to hold leveraged tokens after they are delisted, Binance will convert them into Tether’s USDT stablecoin based on their net asset value at that time. It’s important to note that leveraged tokens give traders the chance to increase their exposure to particular cryptocurrencies like XRP . These leveraged tokens fluctuate in value along with the changes in the price of their underlying cryptocurrency thanks to a complex algorithm that adjusts the leverage of the token in real-time.  This is not the first time this year that Binance has taken decisions to delist tokens. Just a month back, 21 spot trade pairs were taken off the market on May 26, accordi...