The Ripple v. SEC Case Resembles Moby Dick: The Company’s CLO Explains Why

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The SEC continued the legal battle with Ripple by filing an official appeal on a specific summary judgment.

legal tussle between Ripple and the US Securities and Exchange Commission seems nowhere near its enda 2023 verdict of Judge Analisa Torres, which determined that the firm’s XRP sales to retail investors on crypto exchanges did not violate US securities laws.Several industry participants gave their two cents on the possible consequences of the appeal. One of those is Ripple’s chief legal officer – Stuart Alderoty.

 

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