Crypto Advocate John Deaton Joins SEC’s Case Against Coinbase as Legal Counsel

Pro-crypto lawyer John Deaton files to appear as counsel in the SEC’s case against Coinbase

Exchanges • April 22, 2024, 11:03AM EDT
Published 1 minute earlier on

Quick Take

  • Pro-crypto lawyer John Deaton filed to appear as counsel for “4,701 Coinbase customers.”
  • The SEC and Coinbase also submitted their proposed case management plan, which was signed by Judge Failla on Friday.

Case management plan

The SEC and Coinbase also submitted their proposed case management plan, which Judge Failla signed on Friday.

Both sides said settlement discussions had not taken place and agreed to finish “fact discovery” by Oct. 18, 2024, and “expert discovery” by Dec. 20, 2024.

The next pretrial conference is set for October 24, 2024, according to the plan.

Coinbase filed an appeal earlier this month, claiming substantial grounds for differences of opinion. If the appeal is allowed to proceed, the remainder of the case will be put on hold in the trial court.

Disclaimer: The Block is an independent media outlet that delivers news, research, and data. As of November 2023, Foresight Ventures is a majority investor of The Block. Foresight Ventures invests in other companies in the crypto space. Crypto exchange Bitget is an anchor LP for Foresight Ventures. The Block continues to operate independently to deliver objective, impactful, and timely information about the crypto industry. Here are our current financial disclosures.

© 2023 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.