Amid surging spot Ethereum ETF rumors, Ripple CLO Stuart Alderoty calls SEC Chair Gensler a “struggling political liability,” suggesting political motives behind potential SEC moves.

In what could be a watershed moment for the U.S. Securities and Exchange Commission (SEC), Ripple’s Chief Legal Officer, Stuart Alderoty, suggests that SEC Chair Gary Gensler is risking his position by becoming a “struggling political liability.”