Ripple counsel slams SEC for trying to bulldoze and bankrupt crypto

2022.06.14 07:41

Ripple counsel slams SEC for trying to bulldoze and bankrupt crypto

Ripple general counsel Stu Alderoty has slammed the United States Securities and Exchange Commission (SEC) for trying to “bully, bulldoze, and bankrupt” crypto innovation in the U.S. in the name of expanding its own regulatory territory.

Alderoty shared his views on June 13 amidst an ongoing lawsuit between Ripple and the regulator, which he says is part of the “SEC’s assault on all crypto in the U.S.” by treating every cryptocurrency as a security.

Source