Gold Finance reported that Ripple's Chief Legal Officer, Stuart Alderoty, described Gary Gensler, the Chairman of the U.S. SEC, as a struggling burden, as the speculation surrounding the approval of a spot Ethereum ETF intensifies. In response to the discussion about the U.S. SEC becoming a hot topic before the election, Alderoty wrote on X: Gary Gensler has gone too far. He believes that cryptocurrency is an easy target, Alderoty said, and he is happy to be a polarizing figure. He believes he can surpass congressional oversight. That's all in the past. He is now a struggling political burden.

Stuart Alderoty, Chief Legal Officer (CLO) of Ripple Labs, and the XRP community expressed support for SEC Commissioner Hester Peirce's stance against the "unjust" situation in the LUBY lawsuit on the X platform. Alderoty expressed his gratitude to Peirce and suggested that when there is an ongoing injustice in a non-fraud case, especially when the consumer is still waiting for a resolution in the actual fraud case, it may be necessary to ignore the standard protocol, raise concerns more directly, and perhaps even file an amicus curiae brief to address the issue. （Cointelegraph） Earlier today, Hester Peirce said in a statement on Friday that the SEC has taken a number of troubling crypto enforcement actions, but the LBRY case is particularly disturbing and disappointing. Hester Peirce does not support the SEC's lawsuit against LBRY, but has not been able to publicly express this view during the LBRY case.

Golden Finance reported that Ripple Chief Legal Officer (CLO) Stuart Alderoty discussed cryptocurrency regulation in the United States. Alderoty said we need to stop putting politics above sound policy in the U.S. and focus on the way Singapore, the U.K., the European Union and Dubai have clear frameworks and permits. Alderoty explained that countries and regions outside the U.S. have "reasonable" cryptocurrency regulations, citing Singapore, the United Kingdom, the European Union, Dubai, Brazil, Australia, and Japan as examples. He stressed that these countries have "reasonable regulatory frameworks that don't drive this innovation but want to say, hey, look, if you want to come into our country and develop this innovation, you can do it, as long as you meet our strict regulatory regime." In the United States, by contrast, we are lost because our politics and power take precedence over sound policy. Some U.S. agencies vie for control of technology from a regulatory perspective rather than focusing on the right policy outcomes.

PANews reported on September 9 that according to Cointelegraph, Stuart Alderoty, Ripple’s chief legal officer and general counsel for the SEC v. Ripple Labs case, described the latest opinion of the US SEC as a “contradictory shift” and believed that the opinion had little impact. After the U.S. Securities and Exchange Commission recently filed documents to strengthen its interlocutory appeal, Ripple Chief Legal Officer Stuart Alderoty called the filing another example of a "hypocritical turn." Alderoty highlighted what he saw as Gary Gensler's inconsistencies, manipulative behavior and desire to expand regulation. He noted that Gensler has requested an emergency appeal, while insisting that encryption regulations and rules are clear and must be followed by the industry. John E. Deaton, a well-known lawyer who supports XRP, said that those who are not familiar with the US SEC v. Ripple Labs case may find Ripple CLO Alderoty’s response to the SEC harsh. To those familiar with the case, however, Alderoty’s characterization of the SEC as “hypocritical” was simply a reflection of the federal judge presiding over the matter.