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Ripple's (XRP) Chief Legal Officer (CLO) Stuart Alderoty discussed why the U.S. Securities and Exchange Commission (SEC) withdrew its appeal in the lawsuit against Ripple filed in March 2025 in the latest episode of the "Crypto In One Minute" program, and evaluated the new direction of U.S. crypto regulation.
Alderoty summarized the process with a 60-second statement after a six-year legal battle. He pointed out that the SEC has withdrawn its lawsuits not only against Ripple but also against all cryptocurrency companies in the country, stating that the underlying reason for this decision is that criminal proceedings conducted without clear and explicit legal regulations have become unsustainable.