In a noteworthy shift in the financial regulatory legal field, Ripple Chief Legal Officer (CLO) Stuart Alderoty has announced a crucial ruling by the Second Circuit Court of Appeals regarding the United States Securities and Exchange Commission (SEC) and Govil case. Particularly, this decision concerns the power of the regulatory watchdog to request disgorgement, an […]
Expert Analysis: Pro-XRP Lawyer Challenges Stablecoin Securities In Terraform Labs Case | Bitcoinist.com
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In a recent ruling by US District Judge Jed Rakoff, the US Securities and Exchange Commission (SEC) emerged victorious in the Terraform Labs case, causing concern and unease within the cryptocurrency community over the classification of stablecoins.This has led legal experts to question the ruling and its implications. The case centered around Do Kwon, a […]
The Securities and Exchange Commission (SEC) is in the spotlight once again in relation to Ripple, and not for the right reasons. This time, Ripple’s Chief Legal Officer (CLO) has made some revelations as it pertains to the Commission and how they tried to box the crypto firm into a corner. The SEC Initially Offered […]
In the wake of Binance’s settlement with the Department of Justice (DOJ), Ripple’s Chief Legal Officer (CLO) Stuart Alderoty has highlighted an important point as it relates to crypto regulation in the country. Crypto Tokens Are Not Securities In a post on his X (formerly Twitter) platform, Alderoty questioned the Securities and Exchange Commission’s (SEC) […]
In a surprising twist, the US Securities and Exchange Commission (SEC) has dismissed its case against Ripple executives Brad Garlinghouse and Chris Larsen. The dismissal agreement, reached by both parties, means that the scheduled trial for April next year will no longer proceed. However, it is important to note that while the charges against Garlinghouse […]
Judge Analisa Torres’ ruling in favor of Ripple against the US Securities and Exchange Commission (SEC) has had several impacts on XRP by extension. Highlighting one of them, Ripple’s Chief Legal Officer (CLO) Stuart Alderoty mentioned how the token stands out in the US because of the court’s decision. XRP’s Unique Status Following Court’s Ruling […]