On February 27, 2023, Ripple’s chief legal officer, Stuart Alderoty, tweeted about Gensler’s public statements following the interview. Ripple is currently in a legal dispute with the SEC to determine whether XRP tokens are securities or not. Alderoty’s tweet read, “Crypto lawyer PSA: Chair Gensler has once again declared that all cryptocurrencies except BTC are unregistered securities. He must now recuse himself from voting on any enforcement case that raises that issue, as he has already prejudged the outcome. Antoniu v. SEC (8th Cir. 1989).”
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Ripple Lawyer Argues SEC Chair Gensler Has Prejudged Crypto Asset Cases
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