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Deaton has time and again laid out an argument regarding the Ethereum network. The crypto lawyer reportedly failed to understand how ETH attained a free pass but A US appeals court has upheld a California federal judge’s decision to dismiss a pre-emptive lawsuit filed by crypto-focused law firm Hodl Law against the SEC. The A cryptocurrency-oriented law firm can’t resume its lawsuit seeking clearer SEC guidance about the legality of its use of the Ethereum Network and an associated digital Hodl Law wanted the SEC to clarify whether Ether (ETH) and the Ethereum network were considered securities. The court, however, wasn’t buying it. The law firm filed its According to a crypto lawyer, a recent report by CoinTelegraph reveals that the securities regulator's reported investigation into Ethereum and its foundation could allow it A finance lawyer has shed light on the SEC’s possible motivations, suggesting that the probe could serve as a pretext to deny approval of Ethereum-based ETFs. John Deaton warns crypto fight continues as legal battles target Ripple, Coinbase, and DeFi platforms. Chokepoint 2.0 and DOJ's crackdown on DeFi developers On July 28, HODL LAW, PLLC sued the U.S. Securities and Exchange Commission (SEC) in a United States District Court, seeking declaratory relief on whether Hodl Law’s November 2025 complaint against the regulator in a San Diego district court failed to show “a realistic danger” of it facing SEC enforcement action for breaking

Crypto Lawyer Continues to Hoard Ethereum Despite Criticizing the Network: Here's Why

A fascinating paradox has emerged in the crypto world: a prominent crypto lawyer, known for his critical stance on the Ethereum network, reportedly continues to accumulate ETH. This begs the question: what's behind this apparent contradiction?

One key figure in this discussion is John Deaton. Deaton has time and again laid out an argument regarding the Ethereum network. The crypto lawyer reportedly failed to understand how ETH attained a free pass, especially considering his involvement in other high-profile crypto cases. He warns the crypto fight continues as legal battles target Ripple, Coinbase, and DeFi platforms. This raises the possibility that his criticism might stem from concerns about regulatory clarity and fair application of the law.

The Securities and Exchange Commission (SEC) and Ethereum have a complex relationship. According to a crypto lawyer, a recent report by CoinTelegraph reveals that the securities regulator's reported investigation into Ethereum and its foundation could allow it a finance lawyer has shed light on the SEC’s possible motivations, suggesting that the probe could serve as a pretext to deny approval of Ethereum-based ETFs. This regulatory uncertainty could be driving Deaton's commentary, while his investment reflects a belief in Ethereum's long-term potential, regardless of the current challenges.

Recent legal developments add another layer to the story. A US appeals court has upheld a California federal judge’s decision to dismiss a pre-emptive lawsuit filed by crypto-focused law firm Hodl Law against the SEC. The A cryptocurrency-oriented law firm can’t resume its lawsuit seeking clearer SEC guidance about the legality of its use of the Ethereum Network and an associated digital Hodl Law wanted the SEC to clarify whether Ether (ETH) and the Ethereum network were considered securities. The court, however, wasn’t buying it. The law firm filed its On July 28, HODL LAW, PLLC sued the U.S. Securities and Exchange Commission (SEC) in a United States District Court, seeking declaratory relief on whether Hodl Law’s November 2025 complaint against the regulator in a San Diego district court failed to show “a realistic danger” of it facing SEC enforcement action for breaking Chokepoint 2.0 and DOJ's crackdown on DeFi developers. This highlights the ongoing struggle for regulatory clarity surrounding Ethereum and its classification as a security.

So, why might a crypto lawyer publicly criticize Ethereum while privately accumulating it? Several possibilities exist:

  • Hedging Bets: Deaton might be hedging his bets. He criticizes aspects he sees as problematic while investing in the underlying technology's potential.
  • Regulatory Concerns: His criticism could be a call for greater regulatory clarity and a fair playing field, not a complete rejection of Ethereum.
  • Strategic Positioning: Public commentary can influence market sentiment and potentially create opportunities for strategic investment.
  • Long-Term Vision: Despite short-term concerns, he may believe in Ethereum's long-term viability and dominance in the blockchain space.

Ultimately, the crypto lawyer's actions underscore the complex and often contradictory nature of the cryptocurrency market. The intersection of legal battles, regulatory uncertainty, and technological innovation creates a landscape where even the most seasoned experts can hold seemingly opposing views.

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