With a mere fortnight left in the year, Stuart Alderoty, the Chief Legal Officer of Ripple, has provided perspectives on what lies ahead for the cryptocurrency landscape in 2024.
The exec has predicted setbacks for the US SEC and even a possible Supreme Court confrontation. Despite these bullish prognoses, Alderoty anticipates difficulties on the legislative front.
Ripple CTO Doubles Down on 2024 Predictions
According to Alderoty, the lingering legal battle between Ripple and the SEC will conclude in 2024, marking the end of the AGENCY’s “misguided” lawsuit. However, the SEC’s strategy of enforcing regulation through legal action is expected to persist against other prominent figures in the industry.
Alderoty also predicted that judges will continue to serve as a crucial barrier against the SEC’s regulatory overreach in 2024. The securities regulator is anticipated to face continued setbacks in major legal disputes, setting the stage for a potential showdown in the Supreme Co
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