Ripple Chief Legal Officer: Evaluating whether to file a counterclaim against the US SEC
BlockBeats News: On October 3rd, Stuart Alderoty, the Chief Legal Officer of Ripple, posted on social media that "the decision of the US Securities and Exchange Commission (SEC) to appeal is disappointing, but not surprising. This is just a delay that has completely embarrassed the institution. The court has rejected the SEC's recommendation regarding Ripple's reckless behavior, and there are no fraud charges in the case, nor are there any victims or losses. Under the leadership of current chairman Gary Gensler, the SEC has not faithfully enforced the law and continues to launch a lawsuit against the cryptocurrency industry. We are evaluating whether to file a counterclaim. Anyway, the SEC's lawsuit was irrational and misleading from the beginning, and we are ready to prove it again in the appellate court (once again leading the industry). Is it a coincidence that the SEC's enforcement director announced his resignation about an hour before this news was released