Summary
Alderoty stated that Ripple will respond to the SEC’s motion next month, accusing the regulator of making false and misleading statements. He believes the SEC is more focused on punishing and intimidating Ripple and the industry rather than faithfully applying the law. Ripple trusts the court will handle the remedies phase fairly.
Key Points
1. Ripple will file its response to the SEC’s motion next month.
2. The SEC is accused of making false and misleading statements to punish and intimidate Ripple and the industry.
3. Alderoty trusts that the Court will approach the remedies phase fairly.