Ripple Chief Legal Officer Blasts SEC, Says Regulator Fabricated ‘Crypto Asset Security’ Term

Ripple’s chief legal officer has accused the U.S. Securities and Exchange Commission (SEC) of fabricating the term “crypto asset security.” Ripple CLO Stuart Alderoty says the term has no legal basis and “is nowhere to be found in any statute.” “The SEC needs to stop trying to deceive judges by using it.” The SEC has […] source: https://dailyhodl.com/2024/09/04/ripple-chief-legal-officer-blasts-sec-says-regulator-fabricated-crypto-asset-security-term/