Ripple CLO Stuart Alderoty And XRP Lawyers Mock SEC Chair Gary Gensler

Ripple CLO Stuart Alderoty And XRP Lawyers Mock SEC Chair Gary Gensler

Ripple chief legal officer (CLO) Stuart Alderoty is not leaving any chance to take a dig at the SEC and Chair Gary Gensler, following Coinbase CLO Paul Grewal’s approach to mock the SEC and Gensler for mistakes that impacted the crypto industry. XRP lawyers including John Deaton also joined executives to mock Gary Gensler.
Ripple CLO and XRP Community Take a Dig At Gary Gensler
Ripple CLO on November 2 shared a WSJ opinion piece saying “Is Gary Gensler ever going to win a case?” It follows as the Fifth Circuit Court of Appeals handed Gary Gensler another legal defeat by criticizing the agency’s stock-buyback rule in the U.S. Chamber of Commerce v. SEC lawsuit.
The SEC has continuously violated the Administrative Procedure Act, with federal judges now saying the SEC has acted arbitrarily and capriciously. Grayscale for months argued that the SEC’a denying GBTC’s conversion to spot Bitcoin ETF is a violation of the APA and the Exchange Act.
Coinbase’s CLO Paul Grewal said:

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