Ripple's Chief Legal Officer Stuart Alderoty firmly opposes SEC's demand for $2 billion penalty
In the latest twist of the ongoing legal battle between Ripple and the SEC, the crypto company's Chief Legal Officer has publicly addressed the company's opposition to the SEC's request for $2 billion in penalties. Alderoty emphasized that Ripple's stance remains firm in challenging the SEC's motion for remedies.
Despite the SEC's push for substantial penalties, Alderoty expressed confidence in the fairness of the judicial process. He affirmed Ripple's trust in the judge to approach the final phase of determining remedies with impartiality. Our opposition to the SEC’s request for $2B in penalties for legacy institutional sales is now public.
He wants to have a hand in covering economic and fintech topics, as well as educate more people about cryptocurrencies and blockchain.WEEX Exchange Unveils WXT Token to Enhance Ecosystem and Reward Community Engagement37 Trillion Shiba Inu Protecting Price: Here's How
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