Hinman Documents Cast Shadow Over Gensler, SEC in Ripple (XRP) Case
CryptoPotato
19 Nov 2023 4:21 PM
SEC chair Gary Gensler recently gave a speech that drew ire from crypto critics on X.com. Ripple Chief Legal Officer Stuart Alderoty tore into Gensler on the social media platform....
- SEC chair Gary Gensler gave a speech that received criticism from crypto critics on X.com.
- Ripple Chief Legal Officer Stuart Alderoty responded on social media, criticizing Gensler and the SEC.
- Ripple Labs and the SEC are currently in the discovery phase of the Ripple case.
- Gensler quoted the first SEC chair, Joseph P. Kennedy, in his speech, emphasizing ethical behavior.
- Alderoty countered Gensler's speech by highlighting the SEC's legal losses, criticism from judges, and questionable actions.
- Alderoty also mentioned the Hinman documents as a point of contention.
- Bitcoin Foundation Chairman Brock Pierce previously discussed the SEC's lawsuit against Ripple on Fox Business.
The article portrays a conflict between SEC Chair Gary Gensler and Ripple Chief Legal Officer Stuart Alderoty. Gensler's speech is presented as drawing criticism from crypto critics, while Alderoty responds by criticizing the SEC's actions and highlighting legal losses. The sentiment is negative, with a focus on disagreements and conflicts.