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SEC’s Chances Sucked Out by Lawyers Who Can’t Even Agree on What ‘X’ Means in XRP Case

A  illustration depicting Captain Ahab (Gary Gensler) chasing after Moby Dick with two lawyers in the background, one holding a 'remand' document and another looking confused as they argue about what it means to be of 'ordinary intelligence'. In the foreground, Stuart Alderoty stands confidently, arms crossed, symbolizing his determination. The illustration is set against a backdrop of court documents and cryptocurrency-related elements.

Just what we needed more – lawyers talking about lawyers in court cases involving money that exists only on computers… Ripple’s chief lawyer, Stuart Alderoty, has been spewing his mind out after revealing two possible outcomes for the SEC’s appeal of the XRP lawsuit. Now I’m not a fan of either side (not because they’re wrong or right), but what I am loving is how ridiculous this whole thing sounds.

Source: bitcoin.com

Ripple’s chief legal officer has highlighted two potential outcomes for the U.S. Securities and Exchange Commission (SEC)’s appeal in the Ripple lawsuit over XRP. He explained the SEC’s best-case scenario and noted that Ripple’s Fair Notice defense remains solid. The Ripple legal chief also reaffirmed XRP’s non-security status despite the appeal. Ripple’s chief legal officer, Stuart Alderoty, shared his perspective on the ongoing legal battle between Ripple and the U.S. […]

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