Ripple General Counsel Alderoty, in a recent interview, on the suppression of crypto markets SECHe targeted.
SEC Chairman Gary Gensler claimed that Bitcon is the only cryptocurrency that is not regulated. Arguing that all different cryptocurrencies have a regulatory requirement, Gensler suggested that they can solve their security problems in this way.
Joining the platform POLITICO Live, Alderoty attributed the recent suppression of cryptocurrencies to the SEC in an interview. Alderoty argued that the latest regulations had heavy consequences, and underlined the difficulties faced by investors.
Ripple Advisor Alderoty Criticizes SEC with Heavy Accusations
Ripple Advisor especially mentioned the negative effects of the legal processes experienced by Ripple on investors. He stated that the process, which has become a legal war, is heavier than other cryptocurrencies. President Gensler with heavy accusationsAlderoty, who did not hesitate to criticize, said;
“Well, I don’t remember a new police election being held for crypto. I don’t remember Gary Gensler of Congress being the police appointed to deal with cryptocurrencies. You cannot appoint yourself as a cop in the crypto industry.”
The consultant stated that America is exposed to more uncertain regulations than any other country. He stated that there was no improvement as a result of the regulations, and that the crypto industry is progressing in the same system today.
Alderoty, who made the interview with his assertive rhetoric, said that the heavy pressures and accusations in America policyHe claimed that it was trying to increase power over him, that the SEC was running these political games as a tool.
