Ripple's Chief Legal Officer Stuart Alderoty stated that only a change in leadership can alter the SEC's position. He believes that the Supreme Court has limited influence over the SEC. Alderoty pointed out that the SEC's ongoing lawsuits against the crypto industry are intentional, aimed at creating chaos and legal uncertainty.

Odaily Planet Daily reported that Ripple's Chief Legal Officer, Stuart Alderoty, believes that the U.S. Supreme Court's decision to overturn the Chevron USA Inc. v. Natural Resources Defense Council case in June 2024 will have little impact on the SEC's strategy to enforce compliance in the cryptocurrency sector. 

In an interview, Alderoty emphasized that only a change in leadership would result in a shift in the SEC's stance, stating, "I believe that under this leadership, the SEC has caused significant institutional damage to what was once a very respected agency." 

Alderoty also mentioned that the SEC's ongoing litigation against the cryptocurrency industry—including the recent appeal in the Ripple lawsuit—is deliberate and aimed at creating confusion among industry participants. "The current SEC, under its current leadership, I believe they are less concerned about whether they are legally right or wrong. I think their goal is to create a layer of legal uncertainty over this industry through large-scale enforcement actions—currently under appeal." (Cointelegraph)

Ripple's Chief Legal Officer: Only Changes in Leadership Will Lead to a Shift in the SEC's Stance