Ripple's Chief Legal Officer Stuart Alderoty has that the about company is legal team is actively monitoring the ongoing lawsuit against the U.S. Securities and Exchange Commission (SEC).

In a recent tweet, Alderoty emphasized that's legal team is closely following the developments the case, and is prepared to to to necessary actions.

The lawsuit,ges which began in December 2020 2gesale sold unsecurities in the form of Xtokens, the continues to be legal a significant legal challenge for>rip.

business>>The SEC claims that XRP is an unregistered security, while Ripple maintains that it is digital currency currency.

The legal battle has drawn significant attention for from, closely watching the outcome, as set aent for how how cryptocencies and regulated the.