Stuart Alderoty

@s_alderoty282k followers

Chief Legal Officer @Ripple and President @NatCryptoAssoc. Over 40 years of legal experience with expertise in regulatory affairs and complex litigation.

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1Mar 25, '25The final crossing of t’s and dotting of i’s – and what should be my last update on SEC v Ripple ever… Last week, the SEC agreed to drop its appeal without conditions. @Ripple has 63.9×3.8M21k5.8k1.4k
2Jun 13, '231/ It’s been 5 years since Bill Hinman gave his infamous speech – and through the SEC’s lawsuit against @Ripple (and 7 court orders), we can finally share what happened behind the 60.2×3.5M11k5.7k831
3Jun 26, '25With this, the ball is back in our court. The Court gave us two options: dismiss our appeal challenging the finding on historic institutional sales—or press forward with the appeal48.2×2.8M7.4k1.8k545
4Oct 19, '23The SEC made a serious mistake going after Brad & Chris personally – and now, they’ve capitulated, dismissing all charges against our executives. This is not a settlement. This44.7×2.6M9.2k2.8k183
5Jul 13, '23A huge win today – as a matter of law - XRP is not a security. Also a matter of law - sales on exchanges are not securities. Sales by executives are not securities. Other XRP distr36.5×2.1M16k5.4k446
6Jan 16, '25As expected, the SEC’s appeal brief is a rehash of already failed arguments –and likely to be abandoned by the next administration. We’ll respond formally in due time. For now, kno35.3×2.1M11k2.8k392
7Jan 14, '25On January 20, Gensler’s war on crypto ends at the SEC. We asked the SEC to agree to postpone the filing of their opening brief in their appeal of our victory (current deadline Jan33×1.9M8.5k1.6k263
8Jul 31, '23Welcome to O̵f̵f̵i̵c̵e̵ After Hours with me! Let’s clear up this confusion about securities, investment contracts and digital assets.29.7×1.7M9k3.8k694
9Feb 20, '23The SEC has lost 4 of its last 5 cases in the Supreme Court, thanks to the few that had the courage and resources to fight back against the SEC’s bullying and clinging to stretch l28.7×1.7M6.9k1.6k54
10Oct 2, '24(1) The SEC's decision to appeal is disappointing, but not surprising. This just prolongs what's already a complete embarrassment for the agency. The Court already rejected the SEC25.9×1.5M4.7k1.5k247
11Jul 18, '25Honored to be at the White House for the signing ceremony of the GENIUS Act into law! As promised, this is the most crypto-forward Administration we’ve ever seen.24.8×1.5M7.5k1.2k209
12Mar 19, '25Today, Ripple moves forward—stronger than ever. This landmark case set a precedent for the domestic crypto industry. With the SEC dropping its appeal, Ripple is now in the driver's21.1×1.2M16k3.7k632
13Oct 3, '23The Court’s July 13 ruling was, and remains, the law of the land. XRP is not a security.18.7×1.1M6.6k1.9k61
14Feb 27, '23Crypto lawyer PSA: Chair Gensler has again proclaimed that every cryptocurrency, except BTC, is an unregistered security. He now must recuse himself from voting on any enforcement 17.4×1M6k1.7k85
15Mar 8, '23Yesterday’s opinion from the Court on Ripple and the SEC’s proposed expert opinions – if you didn’t read all 57 pages, here’s the TLDR… 1/417.2×1M3.7k91474
16Aug 7, '25Following the Commission's vote today, the SEC and Ripple formally filed directly with the Second Circuit to dismiss their appeals. The end…and now back to business.16.8×988k15k3.7k752
17May 15, '25Nothing in today’s order changes Ripple’s wins (i.e. XRP is not a security, etc). This is about procedural concerns with the dismissal of Ripple’s cross-appeal. Ripple and the SEC 16.5×969k7.4k2k385
18Nov 23, '24Victory has a thousand fathers, but make no mistake. The courage of Brad and Chris, and the resilience and expertise of Ripple Team Legal (most of whom are nameless and never sough13.1×773k9.8k2.1k395
19Apr 23, '24Our opposition to the SEC’s request for $2B in penalties for legacy institutional sales is now public. In a case that had no allegations (or findings) of recklessness or fraud, and13×767k3.8k947113
20Oct 10, '24The SEC lost on all key points—that’s why they appealed. Today, Ripple filed a cross-appeal to ensure nothing’s left on the table, including the argument that there can’t be an "in13×762k4.9k1.1k169
21Aug 29, '23The SEC is getting battered in the court. In our case it's been proven wrong, been called hypocritical, lacking faithful allegiance to the law, fined for discovery abuses and now a12.7×746k3.9k1.1k40
22Jan 8, '25…and to top it off, the beef bourguignon was really good11.9×701k9.2k1.2k298
23Dec 22, '22The SEC admits that FTX customer assets were used to bail out BlockFi. Were those customer assets funneled to the SEC to make payments on the $100 million SEC/BlockFi settlement? D11.9×700k4.1k1.4k24
24Jan 17, '25Today marks Gensler’s last full day. Starting tomorrow, ‘Gary who?’ will be the only appropriate response if someone mentions his name. Onward.11.1×652k12k2.1k177
25Jun 15, '24The @SEC is raging. Ripple defended itself - “agreeing to nothing.” The court gave clarity that XRP is not a security. There are no “victims” to compensate. And worst of all for th11×649k3.9k1k125
26Dec 1, '23A troubling pattern emerges: - Court finds the SEC demonstrated “hypocrisy” by making inconsistent arguments to the Court and not acting out of a “faithful allegiance to the law.” 9.9×585k3.9k1.2k146
27Dec 22, '23Before the SEC sued Ripple, Chris and Brad (3 yrs ago today) they offered us the following settlement: the SEC would announce to the market that XRP is a security and the market wo9.8×575k7.1k1.9k203
28Jan 24, '25So much positive news today! Hard to pick my favorite, but this one (from the Fact Sheet accompanying the Executive Order) strikes a chord - doesn't it?9.7×572k8.2k1.7k278
29Dec 14, '24Ripple exposed the SEC’s lawless tactics early on. As the court said in our case: ‘The SEC is adopting its litigation positions to further its desired goal, not out of a faithful a9.5×558k4.8k1.2k153
30Nov 22, '24I call it ‘Not a Security.’ Opening bid: $5 million. Serious inquiries only.9.4×552k5.2k723148
31Aug 7, '24A final judgment. The Court rejects the SEC’s suggestion that Ripple acted recklessly and she reminds the SEC that this case did not involve any allegations of fraud or intentional8.3×487k7.2k2.1k290
32Jul 13, '23Could not agree more with @katiebiber. Pathetic “statement” coming from the SEC today. Take the loss. You earned it.8.1×478k4.9k1.3k44
33Aug 24, '24Another court, this time in the Kraken case, confirms there's no such thing as a “crypto asset security.” Bad news for the SEC, whose entire regulation-by-enforcement strategy hing8.1×476k3.4k93091
34Jul 17, '25The GENIUS Act now goes to the President’s desk, and the CLARITY Act moves forward to the Senate – at long last, there’s movement on workable, clear frameworks for crypto and stabl7.9×466k7.6k1.7k292
35Feb 5, '23Just released photo of SEC’s misguided case following two years of Ripple’s relentless defense.7.8×461k4.7k81015
36Jan 21, '25Couldn’t have said it better than @bgarlinghouse. This Administration understands our industry and the law. So refreshing.7.8×460k9.3k1.7k231
37Mar 5, '25The @NatCryptoAssoc (NCA) officially launches today, and I’m excited to join as President (in addition to my role as Chief Legal Officer at Ripple). What’s the NCA going to do, you7.7×451k4.9k1.2k200
38Jun 20, '23The law requires SEC employees, like all federal employees, to act (and appear to act) impartially. The law asks: Would a reasonable person, knowing the facts, question the employe7.5×439k3.5k97433
39Aug 9, '23The SEC does not have the “right” to appeal just yet which is why they are asking permission to file an “interlocutory” appeal. Ripple will file its response with the Court next we7.2×425k4k1.2k48
40Jan 13, '25Huge congrats to @iampaulgrewal and @coinbase for their win today. In Gensler’s final days, his anti-crypto crusade is imploding, and a federal appeals court has laid bare what the7.2×425k4.7k1.1k188
41Oct 9, '25The EU led in creating comprehensive rules for digital assets - and nations like Luxembourg are leaning in. Thanks to Luxembourg Finance Minister @RothGilles and his team for a gre7.0×412k4.7k1.1k193
42Jan 21, '25Thank you, Acting Chairman Uyeda, for saying it: The SEC's war on crypto created "confusion about what is legal” and “an environment hostile to innovation and conducive to fraud." 7.0×410k7k1.6k165
43Oct 18, '24No surprises here — once again it’s been made clear. The Court’s ruling that “XRP is not a security” is NOT being appealed. That decision stands as the law of the land. Stay tuned 6.6×389k4k1.1k145
44Apr 19, '23Missed all the excitement yesterday on the Gensler hearing. I am in London, spending time with our team focused on growing our business. Can't tell you how inept the SEC looks from6.6×387k4.4k85814
45Sep 19, '23Swung by @SCOTUS in between meetings in DC. While the industry waits for legislative clarity from Congress, we should always be able to count on checks and balances.6.5×383k3.9k60228
46Jan 18, '25If I I had told you four years ago that I’d be standing at the Inaugural Crypto Ball in D.C. with Snoop Dogg, would you have believed me? Yeah, me neither.6.2×367k12k1.4k259
47Feb 13, '23Over 40 million Americans own crypto. Most of those are between the ages of 18-34 and are demographically and racially diverse. That’s a lot of votes. Gary Gensler is a political l6.1×360k5.1k1.2k25
48Mar 21, '25Today, @Ripple submitted its response to Commissioner @HesterPeirce’s Feb. 21 statement: “There must be some way out of here,” calling for public input on crypto taxonomy rules. Th6.0×354k4.9k1k189
49Dec 2, '24Turns out, the only ‘efforts of others’ that truly moved crypto markets—by causing massive and prolonged artificial suppression—were those of the SEC.5.9×347k6.3k1.2k96
50Apr 1, '23Suddenly now saying that you haven’t prejudged every crypto (with the possible exception of BTC) as a security, after being called out for publicly prejudging every crypto as a sec5.9×345k3.8k89514
51Jul 22, '23Talking to someone who still doesn’t understand that the token itself is not the security is like explaining to a flat earther that the world is round.5.8×343k4.8k1.1k37
52Dec 5, '24Instead of standing down and pausing crypto litigation with new leadership just weeks away, Gensler's SEC filed an 81-page brief in the Binance case yesterday, recycling the same f5.5×323k3.7k827115
53Jul 19, '23It's outrageous that in today's Senate hearing, Mr. Gensler again misstates the law (and the Howey test), suggesting that tokens, standing alone, are investment contracts. Is the S5.3×314k6.5k1.9k22
54Oct 25, '24Today, Ripple filed a Form C - listing the issues we plan to raise on our cross appeal. A few things to keep in mind as we move forward: The case is not about whether XRP, in and o5.3×314k4k1.2k240
55Jan 9, '24Per *its own rules*, w/in 4 days the SEC should disclose the incident's nature and scope, and the impact on the market along with a description of its processes for assessing, iden5.3×309k4.5k1.2k84
56Dec 1, '24As crypto enters its renaissance, please don’t hire any lawyer who was involved in suing any crypto company or project, or those who cheered the SEC suing a particular company, CEO5.2×308k5.2k1k186
57Nov 6, '24Thank you to both campaigns for a hard-fought race and for invigorating the democratic process. Congratulations to @realDonaldTrump! You took the time to listen to Ripple's story w5.2×304k4.9k1.3k202
58Sep 28, '23A must watch. For hours Mr. Gensler smugly evaded question after question (even laughing about how rich he is) until Rep. Torres took him out with a command of the law and a touch 5.0×294k4.1k1.1k109
59Jul 22, '23A securities agency only has jurisdiction over securities. No security, no role for the SEC. Pretending to have jurisdiction when there is none, is simply a political power play. I5.0×293k3.9k1.2k19
60Nov 21, '23The Binance resolution of anti-money laundering (etc.) violations is a necessary step to bring the crypto industry into compliance with these important laws and safeguards. Big ban5.0×292k3.4k74989
61Jul 15, '23Guess not...4.9×290k4.5k67517
62Nov 26, '24The SEC bragging about record fines collected is like a professor boasting about their highest-ever class failure rate and the most cheating scandals. It’s not a measure of success4.6×273k4.2k1k79
63Oct 20, '22Over 18 months and 6 court orders later, we finally have the Hinman docs (internal SEC emails and drafts of his infamous 2018 speech). While they remain confidential for now (at th4.6×014k4k167
64Sep 13, '24So the SEC finally admits that 1/ "crypto asset security" is a made up term and 2/ to prove a "crypto asset security" is an investment contract, the SEC needs evidence of a bundle 4.3×253k4.3k1.2k186
65Aug 5, '25Thank you to @BankingGOP for the opportunity to respond to your Request For Information. With over a decade of experience working with regulators all over the world—and hard-earned4.2×247k3.8k751151
66Feb 6, '25Sources say Jorge Tenreiro has been reassigned to Macrodata Refinement 🖥️4.0×234k4.5k758110
67Mar 19, '24Today a Federal Court sanctioned the SEC for abusing its unique status to present evidence that was false, mischaracterized, and/or misleading. If anyone thinks this conduct by thi4.0×234k3.5k1.1k86
68Dec 22, '24On this 4th anniversary of the SEC’s lawless lawsuit against Ripple, Brad, & Chris, we urge the incoming administration to cleanse the lingering stain of Hinman from the agency3.8×223k4.5k1k95
69Jun 25, '25Good news for the 55 million Americans who own crypto. @NatCryptoAssoc3.7×220k4.2k847211
70Jan 24, '25Some SEC lawyers are still playing old games, earning yet another admonishment from a federal judge today—this time in the Kraken case. This conduct must end swiftly or risk underm3.6×213k4.5k921114
71May 27, '25Today, @Ripple submitted an additional letter to the SEC’s Crypto Task Force addressing a key question from Commissioner Peirce’s “New Paradigm” speech: When does a digital asset s3.6×211k4.3k895167
72Oct 20, '25XRP has clear regulatory standing in the US, and it’s no surprise that companies like @evernorthxrp are looking to focus on XRP. Congrats @ashgoblue and the amazing team he has ass3.5×207k5.5k984169
73Nov 14, '24Gary Gensler's institutional damage to the @SECGov runs deep. His legacy of undermining American innovation, and failing to uphold the law is shameful. With 18 states suing to hold3.3×196k4.4k1.2k107
74Apr 3, '23It's my Dad’s birthday today. 93. A son of immigrants. Proud Brooklyn native. Dropped out of high school to join the Army as the Korean war was breaking out. A retired Teamster who3.2×191k3.9k3877
76May 2, '252025 is the year of moving forward.2.9×169k3.7k705129
77Jun 14, '24In yesterday’s testimony, Gensler kept talking about “crypto asset securities.” That’s a made-up term, found nowhere in the law, by a deeply flawed unelected bureaucrat. He also im2.9×168k3.8k95948
78Jul 30, '25Comprehensive, helpful and direct – the White House’s Digital Assets Report released this afternoon pushes Congress and US federal agencies to act immediately following the passing2.8×163k4.5k1k175
79Nov 21, '24….and scene2.8×163k3.9k56353
82Nov 15, '24Interesting to see the reactions to Trump’s appointments. Where was the outrage when Biden appointed a Goldman Sachs 'hundred millionaire' non-lawyer and pretend crypto academic wi2.2×131k4.1k88388
85Feb 18, '22The conclusion of these now public 2012 memos is clear: XRP “do not constitute securities.” 1/21.6×05.3k1.6k38
87Mar 11, '22Today’s order makes it clear there’s a serious question whether the SEC ever provided Ripple with fair notice that its distributions of XRP - since 2013 - would ever be prohibited 1.6×05.4k1.4k20
88Oct 4, '21XRP holders have always said that the SEC’s lawsuit is a direct attack on them. Now it's official. The Court’s ruling permits John Deaton to share his “meaningful perspective” to h1.6×05.5k1.3k25
89Jan 29, '21Today, we filed our preliminary legal response to the SEC’s complaint. With it, we start to set the record straight and correct many misconceptions and contradictions within their 1.5×04.8k1.5k58
90Dec 6, '22As we hit the beginning of the end with the SEC lawsuit, I couldn’t have asked for a better team to be part of. Thankful everyday for my equally inimitable colleagues at @Ripple!1.4×05.1k1.1k22
91Feb 18, '21As many of you have seen, the SEC filed an amended complaint today. The only legal claim remains: did certain distributions of XRP constitute an investment contract? Disappointing 1.3×04.5k1.1k26
92Jul 19, '22Can I get a fact check on aisle 2, please? Rep Sherman, the US has not (in fact, no country has) determined XRP to be a security. When elected officials don’t understand that the m1.3×03.9k1.2k18
93Oct 17, '21Every litigator will tell you it’s always the defendant - never the plaintiff - asking to delay proceedings. Why would any plaintiff, let alone one with unlimited resources, play t1.3×04.1k1k13
95Dec 6, '21The SEC is making it up as it goes. Using “strategic ambiguity” and enforcement—or the threat of it— to advance its own jurisdiction rather than collaborate with other regulators, 1.1×03.6k1k16
97Dec 24, '20Reminder: The SEC complaint only "alleges." Nothing has been determined. That's what Courts are for. That's it. That's the tweet.1.0×03.8k70613
98Dec 2, '22Ripple’s reply brief is public. You can view it here👇1.0×03.7k85329
99Dec 13, '22To be clear: The SEC’s tag along complaint against SBF seeks to recover funds for FTX’s sophisticated equity investors, not the consumers who have been left holding the bag in bank1.0×03.4k90117
100Mar 5, '21Today Ripple filed our answer to the SEC's amended complaint. Notably w/ full transparency to the SEC: XRP was listed on 200+ exchanges, billions of $ in XRP were bought/sold month1.0×03.5k76528

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