We have often heard pro-crypto lawyers explaining that the SEC no longer has any chance of defeating Ripple before the tribunal. Even the main lawyer for the issuer of the XRP token, Stuart Alderoty, spoke on this subject recently. Big plan !
Important victory for Ripple against the SEC
On October 20, Ran Neuner, founder of Crypto Banter, posted on Twitter a possibility of counterattack from the SEC, knowing that she has the right to do so after withdrawal. But pro-crypto lawyer John E. Deaton made this resounding observation: “ it is incorrect to say that the SEC can appeal immediately “.
“ SEC Loses Lawsuitsshe is criticized by judges for her questionable behavioris reprimanded by the government’s internal auditor, hides information about meetings with a criminal and becomes useless on the international scene. Gensler – who admits no fault – has become the isolating Colonel Jessep. »
Based on this tweet, U°Today rightly described Alderoty’s statements as ” direct remarks » for the United States Securities and Exchange Commission and its Chairman Gary Gensler. Ripple’s main lawyer did not mince words when saying that the SEC completely lost this case. Even the judges did not fail to criticize the regulator of the cryptocurrency market because of its behavior “ doubtful “.
The meetings of the institution with “ a criminal » was singled out by Ripple’s general counsel.
Furthermore, Gary Gensler, who has always been the subject of criticism from the crypto community, was called “ isolated colonel Jesseup » by Alderoty. This colonel is one of the main characters of the movie “A Few Good Men”.
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