The post Ripple’s Stuart Alderoty and XRP Advocates Take Aim at SEC Chair Gensle appeared first on Coinpedia Fintech News
Ripple’s Chief Legal Officer (CLO), Stuart Alderoty, is leaving no stone unturned in his efforts to critique the U.S. SEC and its Chair, Gary Gensler.
Following in the footsteps of Coinbase’s Chief Legal Officer, Paul Grewal, who openly ridiculed the SEC and Gensler for mistakes affecting the crypto industry, Alderoty and XRP advocates, including John Deaton, have joined the chorus of disagreement.
Ripple’s CLO Takes Aim at Gary Gensler
On November 2, Stuart Alderoty shared a scathing opinion piece from The Wall Street Journal titled, “Is Gary Gensler ever going to win a case?”
This move comes on the heels of another legal defeat handed to Gensler by the Fifth Circuit Court of Appeals. The court criticized the SEC’s stock buyback rule in the U.S. Chamber of Commerce v. SEC lawsuit.
The SEC has been repeatedly accused of violating the Administrati
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