Ripple Lab’s top lawyer is warning that the decision in the U.S. Securities and Exchange Commission’s (SEC) lawsuit against the company will greatly impact the future of crypto in the US.
Responding to an article by Bloomberg about how the lawsuit will impact regulatory jurisdiction, Ripple general counsel and crypto legal expert Stuart Alderoty says that the suit’s conclusion will exert influence on how crypto assets are regulated in the US.
“No matter how you dissect it, the experts agree – the outcome of the Ripple case will likely have a significant impact on crypto’s future in the US.”
Alderoty also aims to debunk the myth that prominent figures within the crypto industry are against regulations.
“There’s a misconception that actors in