Ripple Executive: "SEC Appeal Likely to be Dismissed by Trump Administration"

Source
Uk Jin

Summary

  • Ripple's Chief Legal Officer criticized the SEC's appeal brief as based on failed logic.
  • A Ripple executive stated that the appeal is likely to be dismissed when the Trump Administration takes office.
  • Ripple reported that it is growing in a new era of regulation.

On the 15th (local time), as the Securities and Exchange Commission (SEC) submitted preparatory documents for an appeal against Ripple, Ripple's Chief Legal Officer (CLO) responded.

On this day, Stuart Alderoty, Ripple's CLO, stated on X (Twitter), "The SEC's appeal brief is nothing more than insisting on a failed logic," adding, "It is likely to be dismissed when the Trump Administration takes office."

He further added, "The SEC's lawsuit is just noise. A new era of regulation supporting innovation is approaching, and Ripple is growing."

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Uk Jin

wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
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