Uphold, an XRP-focused crypto exchange, recently shared a video from Ripple’s “Crypto in One Minute” series. The video featured Ripple’s Chief Legal Officer (CLO), Stuart Alderoty, explaining the U.S. Securities and Exchange Commission’s (SEC) decision to drop its appeal against Ripple in the long-running enforcement action. Why did the SEC dropped its appeal against Ripple? pic.twitter.com/SbtnikhBYj — Uphold (@UpholdInc) May 2, 2025 Alderoty Raises Concerns About the SEC’s Approach In the video, Alderoty acknowledges the toll the case has taken. Rather than simply focusing on why the agency abandoned its appeal , he challenged the SEC’s rationale for bringing the lawsuit in the first place. His message emphasized that the SEC had acted without providing legal clarity, targeting crypto companies under laws that had not been clearly defined. Alderoty pointed out that the SEC had ended its action against Ripple and had “dropped every case against every crypto company in the United States.” The regulator began this trend shortly after Donald Trump’s inauguration in late January, dropping its lawsuit against Coinbase , Gemini, and many other crypto companies. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Alderoty said the shift reveals a fundamental flaw in the agency’s enforcement strategy: it pursued penalties without establishing clear legal standards. According to him, the law must be communicated before it is enforced. “You can’t bring enforcement actions for violating the law without first explaining what the law is,” he said. Ripple Plans to Refocus on Business and Policy With the SEC’s legal efforts concluded, Alderoty said Ripple will now focus on resuming normal operations and advocating for clear legislation. He noted the importance of stepping away from litigation and returning to business, while helping to shape the future of crypto regulation in the U.S. This includes working with lawmakers to promote a policy framework that protects consumers and the broader financial system while supporting innovation. Alderoty and Ripple CEO Brad Garlinghouse have also met with Trump personally , and the community is excited about where the crypto market is heading. Alderoty stated that Ripple will “clean up the mess” caused by years of legal uncertainty and plans to contribute to crafting smart regulations that protect customers, preserve the market’s integrity, and keep bad actors out. This next phase will emphasize collaboration with Congress to develop regulatory clarity for digital assets. As attention now turns to Congress, the focus will be on enacting legislation that supports innovation while protecting consumers. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Ripple CLO Reveals Why SEC Dropped XRP Lawsuit appeared first on Times Tabloid .
