SEC's 'Crypto Chaos': Ripple's Chief Legal Officer Exposes the Truth Behind, Accuses Regulatory Vacuum, Calls for New Regulations!

Ripple's Chief Legal Officer Stuart Alderoty recently spoke out bluntly against the way the U.S. Securities and Exchange Commission (SEC) handles crypto cases.

He pointed out that the SEC not only withdrew its appeal against Ripple but also slowed down its crackdown on other crypto companies, citing the lack of clear rules for regulation! 'The U.S. has never enacted clear regulations regarding cryptocurrencies,' Alderoty strongly stated.

He urged that, to this day, it is necessary to establish clear and operable crypto regulations to protect consumers, ensure market fairness, and promote the healthy development of industry innovation.