Ripple's legal chief: SEC's actions "deviate from the commitment to uphold the law"

ChainCatcher message, Ripple's Chief Legal Officer Stuart Alderoty has reservations about the series of legal failures the SEC has faced during Gary Gensler's tenure. Stuart stated, "Another court found that the SEC acted arbitrarily and capriciously once again," expressing concern over the SEC's repeated arbitrary and capricious actions in court cases.

Previously, the SEC lost its lawsuit against Ripple regarding XRP in the Fifth Circuit Court in July 2023.