Ripple’s CLO Equates SEC to Kafka’s ‘The Trial’ Amid Ongoing XRP (XRP) Legal Battle

XRP SEC Stuart Alderoty Franz Kafka Ripple

Stuart Alderoty, Ripple's chief legal officer, likened the SEC's prosecution of Ripple to Kafka's novel 'The Trial,' criticizing their approach. Ripple faces nearly $2 billion in penalties for selling XRP to institutions, continuing a contentious legal battle.