Ripple’s legal chief urges the SEC to take responsibility for its mistakes after years of ‘misguided cryptocurrency wars’

Ripple’s chief legal officer has urged the U.S. Securities and Exchange Commission (SEC) to acknowledge several mistakes in its enforcement actions against the cryptocurrency industry. He cited court rulings that criticized the SEC for “gross abuse of power,” “lack of faithful loyalty to the law,” and “arbitrary and capricious.” Ripple’s legal officer (…)