According to BlockBeats, on September 3, Ripple Chief Legal Officer Stuart Alderoty posted on social media that “Crypto-asset securities—this term cannot be found in any law. It is a fictitious term with no legal basis. The U.S. Securities and Exchange Commission (SEC) should stop using it to mislead judges.”
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Ripple Chief Legal Officer: The US SEC should stop using the fictitious term "crypto-asset securities" to mislead judges
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