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Ripple Chief Legal Officer: SEC and Tornado Cash Case Judgment Shows Regulators Do Not Make Laws

2024-11-27 01:57

According to Foresight News, Stuart Alderoty, Chief Legal Officer of Ripple, said, "This week's federal court's rejection of the Securities and Exchange Commission's (SEC) trading rules and the Treasury Department's decision to sanction Tornado Cash share a common theme: regulators do not make laws, they only enforce legal provisions. If they want more power, only Congress can grant it

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