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Ripple’s C...
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Ripple’s CLO Criticizes US SEC’s Latest Appeal, Questions Legal Strategy

  • Ripple's Chief Legal Officer (CLO), Stuart Alderoty, criticizes the US Securities and Exchange Commission's (SEC) appeal in the ongoing XRP dispute.
  • The SEC filed an appeal to the court's previous ruling stating that XRP does not constitute a security.
  • Alderoty finds the SEC's decision disappointing and highlights the lack of transparency in the regulatory body's actions.
  • Ripple is evaluating whether to file a cross-appeal and remains committed to proving the irrationality of the SEC's lawsuit.

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