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Ripple's Chief Legal Officer: SEC Commissioner Seeking Reappointment is More Threatening to Crypto than Gensler

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ForesightNews
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Dec 11, 2024

According to Foresight News, Ripple's Chief Legal Officer Stuart Alderoty stated that he agrees that SEC Commissioner Caroline Crenshaw is more challenging in the crypto space than SEC Chairman Gensler. This is because even after a court ruling determined that blocking a Bitcoin spot ETF was "arbitrary and capricious," Gensler retreated, while Caroline Crenshaw maintained her dissent, arguing that the court's ruling was incorrect.

According to Foresight News, Ripple's Chief Legal Officer Stuart Alderoty stated that he agrees that SEC Commissioner Caroline Crenshaw is more challenging in the crypto space than SEC Chairman Gensler. This is because even after a court ruling determined that blocking a Bitcoin spot ETF was "arbitrary and capricious," Gensler retreated, while Caroline Crenshaw maintained her dissent, arguing that the court's ruling was incorrect.

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