Ripple's Chief Legal Officer: The SEC's record fine is not a measure of success, but reflects serious issues with regulation.

According to Foresight News, Ripple's Chief Legal Officer Stuart Alderoty stated, "The U.S. Securities and Exchange Commission (SEC) boasts about record fines, just like a professor bragging about their highest ever class failure rate and the most cheating scandals. This is not a measure of success, but an indictment of regulation that has led to serious errors driven by improper incentives."

According to Foresight News, Ripple's Chief Legal Officer Stuart Alderoty stated, "The U.S. Securities and Exchange Commission (SEC) boasts about record fines, just like a professor bragging about their highest ever class failure rate and the most cheating scandals. This is not a measure of success, but an indictment of regulation that has led to serious errors driven by improper incentives."