General Counsel of Ripple: FTX Venture Investors Should Question the SEC

Stuart Alderoty is the General Counsel of Ripple. He believes that venture capitalists should challenge SEC rather than waiting for users to receive their money from the collapsed FTX exchange. This is what the venture capitalists who lost money understand, he said. Alderoty replied that Kevin and all other FTX venture investors should sue SEC. They should call on the SEC not to use public money to pursue its tag-along against SBF. According to Ripple’s counsel, the SEC complaint against SBF is a case to recover their money. He stated that the allegations against the former CEO and founder of FTX were merely a tag-along. They don’t want users’ money to be retrieved despite a court-filed bankruptcy. We encourage you to do your own research before investing.Join us to keep track of news: coincu.comHaroldCoincuTags: FTXKevin O’LearyRippleSam Bankman-FriedSECStuart Alderoty