📢🟨🟨🟨🟨🟨🟨🟨🟨🟨🟨🟨🟨🟨🟨🟨

Stuart Alderoti announced the deadline for the end of Ripple's litigation with the US Securities and Exchange Commission

Ripple's chief legal officer expects the long-running legal battle with the US Securities and Exchange Commission (SEC) to reach its conclusion in 2024. Stuart Alderothy is confident that Ripple will be able to defend its interests in the fight against the SEC and its “regulation through administrative coercion.” The top manager believes in strengthening the role of the US judiciary in considering cases brought by government regulators against members of the crypto community. Crypto companies will seek protection from illegal actions and containment of abuses by the SEC in the US Supreme Court, the head of Ripple’s legal department is convinced. Ultimately, a series of legal conflicts could escalate into a confrontation between the two departments. Alderoti suggests that US legislators recognize the advisability of introducing legal regulations taking into account the specifics of the digital asset industry. However, this will not lead to significant results due to the aggravation of conflicts of interest in the branches of the US legislative branch. However, Alderoti predicts a stalemate in the implementation of new regulatory rules, which could leave American crypto firms in an even more vulnerable position. Ripple previously reported that the US Securities and Exchange Commission was forced to voluntarily drop baseless charges against the company's CEO Brad Garlinghouse and co-founder Chris Larsen (Chris Larsen).

🟨🟨🟨🟨🟨🟨🟨🟨🟨🟨🟨🟨🟨🟨🟨🟨

#RippleTrends #RippleVsSEC #Ripple-XRP #XRPUpdate #cryptonews

$XRP