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Published 2 years ago

Ripple's Counsel Urges US Lawmakers to Urgently Pass 'Sensible' Crypto Legislation Amid SEC Lawsuit Over XRP – Regulation Bitcoin News

Summary by Ground News
Stuart Alderoty, general counsel for Ripple, stressed the importance of sensible cryptocurrency legislation in an opinion piece published Wednesday. The SEC sued Ripple Labs, CEO Brad Garlinghouse, and co-founder Chris Larsen in December 2020, alleging that the XRP sale was an unregistered securities offering. Whether XRP is a security or not has yet to be determined.

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