- Ripple’s CLO Stuart Alderoty revealed the SEC dropped its appeal due to a lack of clear crypto regulations.
- He expressed optimism that future collaboration with Congress could bring long-overdue clarity and innovation to the industry.
The long-standing legal feud between Ripple and the U.S. Securities and Exchange Commission (SEC) appears to be nearing its end — and the crypto community is buzzing with excitement. In a recent episode of Ripple’s “Crypto in One Minute,” the company’s Chief Legal Officer, Stuart Alderoty, offered new insights into the SEC’s abrupt decision to drop its appeal in the high-profile XRP lawsuit.
Alderoty questioned the motive behind the SEC’s initial case, stating, “The real question is, why did they bring the case in the first place?” His comments underscore growing concerns over regulatory clarity — or lack thereof — within the United States. According to Alderoty, the SEC’s legal actions against Ripple and other major crypto firms were built on shaky grounds, lacking clear definitions or guidance.
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Indeed, Ripple’s CLO pointed out that the SEC hasn’t just dropped its appeal against Ripple — it has quietly backed off from multiple other lawsuits involving major players like Coinbase, ConsenSys, Kraken, and Yuga Labs. This pattern, Alderoty suggests, signals a broader realization within the SEC that enforcement without regulation is an unsustainable path.
“The SEC has now admitted what we’ve always been saying,” Alderoty explained. “You can’t bring enforcement actions for violating laws that haven’t been clearly defined. We never had proper crypto laws in this country.”
This revelation has ignited optimism within the XRP community and the broader crypto industry, which has long called for a clear regulatory framework rather than punitive crackdowns. Alderoty expressed hope that the SEC will now shift gears and collaborate with Congress to build policies that foster innovation while protecting consumers and markets.
As rumors swirl that the Ripple lawsuit could officially conclude as early as next week, the crypto world waits with bated breath. If true, this could mark a major turning point — not just for XRP, but for the future of digital asset regulation in the U.S.
