On January 1st, Ripple Chief Legal Officer Stuart Alderoty outlined six key principles on New Year's Eve, urging the SEC to take a prudent approach to crypto regulation: The SEC only has jurisdiction over securities transactions. The sale of gold bars with contractual rights, ownership or interests in gold mines may be a securities transaction. Selling the same gold bar without after-sales rights or obligations is just an asset sale, and the SEC has no authority to regulate it. The SEC's jurisdi...
Ripple's chief legal officer, Stuart Alderoty, agreed that Securities Exchange Commission (SEC) commissioner Caroline Crenshaw is more challenging in the crypto space than SEC chair Gensler. Because even after the court ruled that blocking a bitcoin spot ETF was "arbitrary and elusive", Gensler backed down, while Caroline Crenshaw insisted in dissent that the court's decision was wrong. Previously, it was reported that crypto skeptic Caroline Crenshaw is seeking re-election as a U.S. SEC commiss...
Ripple首席法律官Stuart Alderoty表示,同意认为美国证券交易委员会(SEC)委员Caroline Crenshaw在加密领域比SEC主席Gensler更具挑战性。因为即使面对法院认定阻止比特币现货ETF是“随意和捉摸不透””的判决后,Gensler退缩了,而Caroline Crenshaw却在异议中坚持否决,认为法院的判决是错误的。 此前消息,加密怀疑论者Caroline Crenshaw正寻求美国SEC委员连任,业内对其连任可能性保持担忧...
According to Bitcoin.com, Ripple's chief legal officer, Stuart Alderoty, recently exposed on social media the US regulator's "Operation Chokepoint 2.0" (a government-led liquidation of the cryptocurrency industry) against the crypto industry. He pointed out that since 2021, institutions such as the Federal Reserve, the FDIC, and the OCC have pressured the crypto industry through bank regulation policies, similar to the regulatory approach that targeted specific industries such as gun shops in 20...
据 Bitcoin.com 报道,Ripple 首席法务官 Stuart Alderoty 近日在社交平台揭露美国监管机构针对加密行业的“Operation Chokepoint 2.0”行动(一项由政府主导的针对加密货币行业的清盘行动)。 他指出,自 2021 年以来,美联储、FDIC 和 OCC 等机构通过银行监管政策对加密行业施压,这与 2012 年针对枪支商店等特定行业的监管手段如出一辙。作为前银行总法律顾问,Alde...
Stuart Alderoty, Ripple's chief legal officer, said there was a common theme in this week's federal court ruling against the Securities Exchange Commission's (SEC) dealer rule and the Treasury Department's decision to sanction Tornado Cash: Regulators don't make laws, they just enforce them. If they want more power, only Congress can grant it.
Stuart Alderoty, Ripple's chief legal officer, shared his advice with the incoming US SEC leadership in an X post this week. Alderoty expressed confidence in the transition team's ability to effectively address cryptocurrency regulatory issues and urged a number of actions. "I am confident that the transition team will make the right decision considering these fundamental conditions for cryptocurrencies," he wrote. Alderoty recommends an immediate end to cryptocurrency lawsuits unrelated to frau...
Stuart Alderoty, Ripple's chief legal officer, shared two images on the X platform, one of Taylor Swift's Time Tour concert tickets at Hard Rock Stadium, and another with the beaded inscription "XRP is not a security", saying that "a secondary market similar to this note does not make it a security, just like trading cryptocurrencies, not every market is a security market", XRP is not a security, just like Taylor Swift's concert tickets. So...
Stuart Alderoty, Ripple's chief legal officer, said in a social media post: "Crypto-asset securities - this term is not found in any law, it is a fictional term with no legal basis. The Securities Exchange Commission (SEC) should stop using it to mislead judges."
On June 27, Ripple's chief legal officer, Stuart Alderoty, tweeted that the court had once again ruled against the SEC, this time because the SEC unlawfully revoked the rules for proxy consultants without following the Administrative Procedure Act. The court noted that SEC Chairperson Gary Gensler personally directed the illegal conduct. The case is "National Association of Manufacturers v. SEC". The case alleges that the SEC's 2020 rule never took effect and was revoked in November 2021. The re...