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Ripple’s commitment to fighting the SEC case has been acknowledged as a significant victory for the cryptocurrency sector, according to Ron Hammond Alderoty, general counsel for the company. Alderoty’s remarks come after the publication of the Hinman documents, which provide guidelines for deciding whether a token qualifies as a security. Ripple CEO Brad Garlinghouse has stated that he thinks the SEC’s activities show a deliberate effort to exercise control through enforcement, while Alderoty’s comments highlight both the frustrations and revelations the team has been through throughout the past years in the lawsuit.
AI Sentiment: Positive
