Ripple counsel: SEC’s shakedowns leave consumers holding the bag

2022.08.30 22:57

Ripple counsel: SEC’s shakedowns leave consumers holding the bag

Ripple Labs general counsel Stu Alderoty has hit back at a recent opinion piece by United States Security and Exchange Commission chair Gary Gensler, arguing that the regulator’s crypto market shakedowns aren’t protecting consumers.

In a Monday opinion piece by the Wall Street Journal (WSJ) titled “The SEC Wants to Be America’s Crypto Cop,” Alderoty claimed the SEC is “pushing aside his follow regulators” instead of concentrating on providing regulatory clarity for crypto.

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