Ripple Chief Legal Officer: US SEC and Tornado Cash case ruling shows that regulators do not make laws
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Foresight News reported that Ripple's Chief Legal Officer, Stuart Alderoty, stated, "The federal court's rulings this week rejecting the SEC's broker-dealer rule and rejecting the Treasury Department's Tornado Cash sanctions share a common theme: Regulators do not make the law, they only enforce the law. If they want more power, only Congress can grant it."
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