The post Ripple’s Legal Chief Blasts SEC Over Confusing Crypto Rules appeared first on Coinpedia Fintech News
Ripple opens war against SEC! Recently, Ripple’s top lawyer, Stuart Alderoty, took to social media to blast the SEC for its inconsistent crypto regulations. He criticized the agency for its confusing guidance and even transformed the SEC’s logo into a pretzel to symbolize its confusing rules. Alderoty’s remarks followed the SEC’s recent settlement with eToro, which classified Ethereum as a nonsecurity, adding to the confusion over crypto asset rules. His critique reflects widespread frustration in the industry over the lack of clear regulatory direction.