XRP Lawsuit: Ripple’s CLO Shares Key Reason Behind SEC’s Decision to Drop its Appeal
By: zycrypto|2025/05/06 20:00:03
0
Share
In a recent interview, Ripple’s Chief Legal Officer, Stuart Alderoty , made an interesting revelation about the SEC. He shared what he believes might have propelled the regulator to backpedal on its stance in the Ripple vs. SEC lawsuit. The SEC’s decision to drop its appeal in the Ripple case has had an undeniable impact on the cryptocurrency industry. However, the development has since sparked a long debate about the factors fueling the SEC’s decision to end the four-year legal battle. In a new Ripple segment dubbed “Crypto in one minute,” the firm’s CLO addressed the SEC’s move to halt its appeal case against Ripple, explaining that the regulator’s reasoning for filing the lawsuit was largely vague. “I think the real question is, why did they [the SEC] bring the case? The SEC has not only dropped its appeal against Ripple, they’ve now dropped every case against every crypto company in the United States.” He remarked. Can the SEC become Crypto-friendly? Ripple’s CLO shares his views As Stuart Alderoty stated, the SEC has dropped investigations and many high-profile cases against leading cryptocurrency firms, including Coinbase, ConsenSys, Kraken, Yuga Labs, Immutable, and many others. “The SEC has now admitted what we’ve always been saying; that you can’t bring endorsement actions for violating the law, without first explaining what the law is. We never had clear laws, rules, and regulations regarding crypto in this country. So we’re gonna clean up this mess, we’re gonna get out of the courtroom, we’re gonna get back to running business.” Alderoty added. The CLO expresses optimism in the long term, observing that the regulator appears committed to working with Congress to implement crypto regulations that protect consumers and the integrity of the market, eliminate bad actors, and foster innovation in the industry.
You may also like

The craziest Ethereum L2: L2 built by AI agents spontaneously organizing
This idea seems crazy, but it is not impossible.

Pantera Capital: How has Crypto as a Service affected us?
If you are planning to start a business in 2026, my advice is simple: Instead of just talking about technology, focus more on how you can solve real-world problems.

Pantera Capital: What changes have we made when crypto is treated as a service?
If you are planning to start a business in 2026, my advice is simple: stop talking excessively about technology and focus more on the actual problems you can solve.

Wall Street Shorts ETH: Vitalik is aware and has front-run, while Tom Lee remains oblivious
"The Ethereum token economic model has collapsed, wake up and see this clearly."

Social Capital CEO: How Equity Tokenization is Reshaping Capital Markets from US Stocks to SpaceX?
Equity tokens represent the next challenge: can tokenization expand from payments to ownership of financial assets?

CoinGecko Report: Surge of 346% vs Dip of 20.8%, The Wild Rise of DEX
A large-scale capital migration driven by platforms such as Hyperliquid towards decentralized infrastructure from centralization.

a16z: The Real Opportunity of Stablecoins Lies Not in Disruption but in Filling Gaps
The opportunity for stablecoins lies with those merchants that have yet to emerge.

Mining Exodus: Someone Holds $12.8 Billion AI Order
Mining Farms are Turning to AI Hashpower with no Turning Back.

March 6 Market Key Intelligence, How Much Did You Miss?
1. On-chain Funds: $16.3M USD has flowed into the OP Mainnet today; $13.7M USD has flowed out of Arbitrum
2. Largest Price Swings: $XPT, $AIX
3. Top News: Vitalik Calls on Ethereum Community to Shift Mindset, Uphold Core Principles, and Rethink Application Design "From Scratch"

a16z: The True Opportunity of Stablecoins is in Complementing, Not Disrupting
The stablecoin opportunity lies with those merchants yet to come onboard.
Predict LALIGA Matches, Shoot Daily & Win BTC, USDT and WXT on WEEX
The WEEX × LALIGA campaign brought together football excitement and crypto participation through a dynamic interactive experience. During the event, users predicted matches, completed trading tasks, and took daily shots to compete for rewards including BTC, USDT, WXT, and exclusive prizes.

Ray Dalio Dialogue: Why I'm Betting on Gold and Not Bitcoin
Gold is the only asset with a long-term history that can be transferred, is not easily replicable, and does not rely on anyone else's promise. Most currencies, debts, stocks, etc., are just promises of someone honoring their purchasing power.

Who Took the Money in the AI Era? A Must-See Investment Checklist for HALO Asset Trading
A one-page paper listed a series of questions about the potential impact of AI progress. Looking back over two years later, these questions appear particularly prescient, although none of them provided a definitive answer at the time.

Wall Street Bears Target Ethereum: Vitalik In the Know Takes Flight, Tom Lee Remains Bullish
「The Ethereum Tokenomics Has Collapsed, Wake Up and Realize It」

Pump.fun Hacker Steals $2 Million, Receives 6-Year Prison Sentence, Opts for 'Self-Detonation'
Life of Talent, Paranoia, and Setbacks

6% Annual Percentage Yield as Musk Declares War on Traditional Banks
A black metal card, 600x rate delta.

36 years, 4 wars, 1 script: How does capital price the world in conflict?
When the cannon fires, 10,000 ounces of gold. In a turbulent era, the wealth choice of the common people.

Mining Companies' Great Migration: Some Have Already Secured $12.8 Billion in AI Orders
Mining companies turn to AI computing power, with no turning back.
The craziest Ethereum L2: L2 built by AI agents spontaneously organizing
This idea seems crazy, but it is not impossible.
Pantera Capital: How has Crypto as a Service affected us?
If you are planning to start a business in 2026, my advice is simple: Instead of just talking about technology, focus more on how you can solve real-world problems.
Pantera Capital: What changes have we made when crypto is treated as a service?
If you are planning to start a business in 2026, my advice is simple: stop talking excessively about technology and focus more on the actual problems you can solve.
Wall Street Shorts ETH: Vitalik is aware and has front-run, while Tom Lee remains oblivious
"The Ethereum token economic model has collapsed, wake up and see this clearly."
Social Capital CEO: How Equity Tokenization is Reshaping Capital Markets from US Stocks to SpaceX?
Equity tokens represent the next challenge: can tokenization expand from payments to ownership of financial assets?
CoinGecko Report: Surge of 346% vs Dip of 20.8%, The Wild Rise of DEX
A large-scale capital migration driven by platforms such as Hyperliquid towards decentralized infrastructure from centralization.