News Explorer — Ripple's Chief Legal Officer Compliments SEC Commissioner Peirce's Dissenting Statement on the LBRY Lawsuit

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Oct 28, 12:46 pm

Cointelegraph

Ripple's Chief Legal Officer Compliments SEC Commissioner Peirce's Dissenting Statement on the LBRY Lawsuit

Stuart Alderoty, the chief legal officer of Ripple Labs, expressed gratitude to SEC Commissioner Hester Peirce for her dissenting statement on the LBRY lawsuit. Alderoty suggested that in cases of ongoing injustices, it may be necessary to raise concerns more vocally and promptly, potentially through the submission of an amicus brief. The LBRY lawsuit, which resulted in the platform's closure, has drawn criticism from the crypto community.

Stuart Alderoty, the chief legal officer of Ripple Labs, expressed gratitude to SEC Commissioner Hester Peirce for her dissenting statement on the LBRY lawsuit. Alderoty suggested that in cases of ongoing injustices, it may be necessary to raise concerns more vocally and promptly, potentially through the submission of an amicus brief. The LBRY lawsuit, which resulted in the platform's closure, has drawn criticism from the crypto community.

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