Ripple Chief Legal Officer Critiques SEC’s Approach Amidst Coinbase Ruling

In a recent statement, Ripple’s Chief Legal Officer, Stuart Alderoty, scrutinized the definitions of a crypto “ecosystem” as outlined in a March 27 court ruling concerning Coinbase. The ruling, made by Judge Katherine Failla, differentiated the term “ecosystem” to describe coordinated enterprises by issuers and promoters of thirteen crypto-assets. This distinction determined their status as...