Ripple CLO Teases XRP Case Resolution: 'We Are Closer Than Ever'

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Ripple's Chief Legal Officer Stuart Alderoty hints at near resolution in XRP case amid ongoing legal maneuvers with SEC

Ripple's Chief Legal Officer Stuart Alderoty hints at near resolution in XRP case amid ongoing legal maneuvers with SECIn a significant development in the ongoing legal battle between Ripple Labs and the U.S. Securities and Exchange Commission , Ripple's Chief Legal Officer hinted at the imminent resolution of the case. Alderoty's remarks came in response to the SEC filing its redacted remedies reply brief and supporting exhibits..

And just when you think the SEC can’t sink any lower, if you are a financial regulator outside the U.S. and have done the hard work of establishing comprehensive crypto licensing frameworks, know that the SEC has no respect for you and thinks you are handing out the equivalent of…Alderoty's comments also took aim at the SEC's approach, accusing the regulator of failing to uphold the law and attempting to deceive the judge overseeing the case.

Gamza graduated with a degree in finance and credit with a specialization in securities and financial derivatives. He then also completed a master's program in banking and asset management. He wants to have a hand in covering economic and fintech topics, as well as educate more people about cryptocurrencies and blockchain.

 

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