Ripple Chief Legal Officer: Gary Gensler’s words and deeds are inconsistent, and the SEC has become “insignificant” internationally

Odaily News SEC Chairman Gary Gensler recently shared a video of his speech at the 2023 Securities Enforcement Forum. In his speech, he emphasized the claims of the SEC’s first chairman, Joseph P. Kennedy, saying that government agencies should be “partners of honest enterprises.” and prosecutors of dishonest enterprises.” Stuart Alderoty, chief legal officer at Ripple, said Genslers comments should be fact-checked and that he prejudged cryptocurrencies and filed lawsuits against others without investigation. Alderoty also emphasized that Ripple was sued but “never accused of dishonesty.” He also made some accusations against the SEC, saying they had been criticized for their shady behavior and had become insignificant internationally. (Cointelegraph)