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Ripple’s Stuart Alderoty Outlines Three Possible Outcomes in Ongoing Lawsuit with SEC

Earlier today, Stuart Alderoty, Ripple’s Chief Legal Officer, recently spoke about the U.S. SEC’s ongoing lawsuit against Ripple Labs over the sale of XRP tokens (which the SEC considers unregistered securities).

Regarding Ripple and XRP’s potential future, Alderoty outlines three possible outcomes: the judge could side with Ripple, the SEC, or decide that there are disputed facts and the case needs to go to trial. A summary judgment is expected any day now, and Alderoty believes that winning in the summary judgment would mean that Ripple has room to expand domestically. “We [would] have this incredible business opportunity in the US — that is evergreen for us,” he said.

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