Submitted Criticism to SEC from Ripple Advisor

Ripple’s ( XRP) General Counsel Stuart alderoty, of the SECthe effort to control crypto “collar fish”criticized for posting.

The increase in crypto industry adoption rates and the industry’s potential to progress has come under the grip of US regulators. US regulators consider the crypto industry to be the “wild west” and argue that it needs harsh regulation.

The opposition of the crypto industry to regulators is also noteworthy. Coinbase, RippleAnd Binance’s counter moves are heavily on the agenda. Finally Ripple advisor Stuart alderotyalso to the SECvoiced his criticism.

Ripple Advisor Targets SEC

Ripple’s ( XRP) General Counsel Stuart Alderoty targeted the SEC with his Twitter post. alderoty, SEChead Gary GensleHe expressed his criticism by quoting a tweet by r.

of RippleGeneral Counsel alderotySEC’s efforts to control the cryptocurrency market and bring cryptocurrencies to a halt “collar fish”sent it to the agenda. of AlderotyIn his post, there was a fish inside the aquarium and a hand holding a fish on a leash.

Commenting on this image alderoty, “If the SEC did animal control.” said. crypto community, of Alderotyshare this “wrong way of checking”met with his speech.

of Rippleadviser suggested that regulators do not understand crypto and resort to wrong control methods in the field that it does not understand.