Ripple general counsel Stu Alderoty has slammed the U.S. Securities and Exchange Commission (SEC) once again over its approach toward cryptocurrency regulation. Ripple General Counsel Takes Aim At SEC Once Again In the latest drama over the SEC vs Ripple case, Stu Alderoty seems to have taken sides with Former Rep. Todd Tiahrt on SEC’s crypto regulation stance. “Great insight from former Rep. Todd Tiahrt in RealClearPolitics The SEC has manipulated the absence of regulatory clarity of blockchain technology to justify going beyond its authority,” Alderoty wrote in a recent RealClearMarkets blog post. This comes in response to the latest comments from Todd Tiarht who recently stated that: “The SEC’s biggest crypto lawsuit to date, for example, is the non-fraud lawsuit filed in December 2020 against Ripple Labs, noting that it turned out to be a miscalculation by the SEC.” Great insight from former Rep. Todd Tiahrt in @realclearpolicy – "The @SEC has manipulated the absence of regulatory clarity of blockchain technology to justify going beyond its authority." https://t.co/8esHUIcHhk — Stuart Alderoty (@s_alderoty) July 26, 2022 Alderoty specified that the securities regulator is bullying crypto markets by filing unproven allegations masquerading as regulations: “Rather than provide regulatory clarity through rulemaking, the SEC seeks to bully the market by filing or threatening to file, enforcement cases. Unproven allegations mas...
