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Ripple CLO Calls for End to SEC Lawsuit on Case’s Fourth Anniversary

  • Stuart Alderoty, chief legal officer of Ripple, has openly demanded the termination of SEC v. Ripple on the fourth anniversary of the case.
  • Alderoty asked the incoming Trump administration to fix the problems caused by William “Bill” Hinman, a former SEC official, who made misleading regulatory claims.
  • He urged the new crypto-friendly SEC chair, Paul Atkins, to focus on rebuilding confidence and addressing the harm caused.
  • The agency is required to submit its opening brief in the Ripple vs. SEC case before January 15, just before Gary Gensler's scheduled resignation.

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