Stuart Alderoty predicts the possible resolution of Ripple’s SEC lawsuit in 2024 and lawmakers on Capitol Hill agreeing on the need for crypto regulations.
Ripple’s Chief Legal Officer, Stuart Alderoty, has shared insights on the future of the cryptocurrency landscape, specifically in 2024. He discussed predictions about Ripple’s legal dispute with the Securities and Exchange Commission (SEC), the judiciary’s influence on crypto regulations, and potential legislative challenges in Congress.
In his prediction, Alderoty foresees the possible resolution of Ripple’s SEC lawsuit in 2024. He cautions against the SEC’s persistent “regulation by enforcement” strategy, highlighting potential consequences for significant players in the crypto industry.
Alderoty predicts a significant role for the judiciary in curbing SEC overreach, suggesting that ongoing legal conflicts could escalate to a Supreme Court confrontation.
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