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Ripple Chief Legal Officer: The US SEC’s Withdrawal of Charges Against Executives Is Not a Settlement, but a “Surrender”

Ripple Chief Legal Officer: The US SEC’s Withdrawal of Charges Against Executives Is Not a Settlement, but a “Surrender”

CointimeCointime2023/10/20 00:24
By:Cointime

October 20th, Ripple's Chief Legal Officer Stuart Alderoty posted on social media stating that "the U.S. Securities and Exchange Commission made a serious mistake when charging Brad Chris individually. Now they have surrendered and dismissed all charges against our executives. This is not a settlement. This is the SEC's surrender." Earlier today, the U.S. SEC dropped all charges against Ripple CEO Brad Garlinghouse and Executive Chairman Chris Larsen.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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