Ripple’s Chief Legal Officer Fires Back After SEC’s Motion Gets Tossed—’Regulation by Litigation’ Takes Another Hit
In a move that shocked exactly no one in crypto, Ripple’s CLO Stuart Alderoty dropped the mic after Judge Torres dismissed the SEC’s latest enforcement motion. Another ’regulation by lawsuit’ play fails—while Wall Street’s algo-traders get a free pass, as usual.
The ruling reinforces Ripple’s partial victory from 2023, further eroding the SEC’s shaky ’everything is a security’ stance. XRP holders cheer; Gary Gensler’s spreadsheet of grudges grows longer.
Funny how the ’protect investors’ agency keeps losing cases that actually matter—while collecting parking tickets on Binance like they’re trading cards.