Ripple’s chief legal officer Stuart Alderoty asked the U.S. SEC chairman Gary Gensler to recuse himself from voting on any enforcement case relating to cryptocurrencies because he has prejudged the issue.
In a Feb. 28 tweet, Alderoty alluded that Gensler’s statement that “every cryptocurrency, except BTC, is an unregistered security” was evidence of his disposition towards other crypto assets.
The Ripple official cited a legal case between Antoniu and the SEC as the basis of his argument.
In the case, the SEC’s attempt to permanently ban a stockbroker from getting employment from a securities firm was foiled because a commissioner of the regulator had prejudged the case with his public statement.
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