Ripple's Chief Legal Officer, Stuart Alderoty, responds to Professor Lee Reiners' testimony before Congress on the SEC and XRP case.Reiners highlights the regulatory gap in the crypto spot market and calls for Congress to take action to address it.Reiners criticizes the idea of using decentralization as a determining factor for securities classification in the crypto industry.The impact of changing SEC leadership on crypto regulation is discussed, with uncertainties remaining for XRP's future.