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Stuart Alderoty, Chief Legal Officer at Ripple, called for greater accountability and transparency in new financial offerings. Alderoty stated that too many everyday Americans are losing money to new offerings, and emphasized that investors deserve to know what is promised before they purchase and who is responsible.
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Alderoty has previously argued that the U.S. Treasury should adopt stablecoin regulations that shield Americans holding or losing digital assets. In another statement, he noted that many Americans are receptive to crypto and need clearer information to participate. His recent comments continue this focus on greater consumer protection in financial products.