The post Ripple CLO Corrects The New York Times Over ‘Crypto Is Useless’ Narrative appeared on BitcoinEthereumNews.com. Ripple’s Chief Legal Officer (CLO) StuartThe post Ripple CLO Corrects The New York Times Over ‘Crypto Is Useless’ Narrative appeared on BitcoinEthereumNews.com. Ripple’s Chief Legal Officer (CLO) Stuart

Ripple CLO Corrects The New York Times Over ‘Crypto Is Useless’ Narrative

For feedback or concerns regarding this content, please contact us at [email protected]

Ripple’s Chief Legal Officer (CLO) Stuart Alderoty has taken a swipe at The New York Times’ bias against cryptocurrency. Speaking in his capacity as the president of the National Cryptocurrency Association (NCA), Alderoty claims he has written to the news outlet over a report that referred to crypto as “pointless and full of scammers.”

Stuart Alderoty frames crypto as everyday economic infrastructure

Alderoty described The New York Times article as a “lazy and outdated” view about cryptocurrency. In defense of the sector, he argued that crypto has been supporting millions of Americans to improve their financial situation. He also stated that millions rely on crypto to run their businesses and pay for goods and services conveniently.

He emphasized his point by sharing a video of everyday users sharing their experiences with crypto and how they use the technology for positive impacts.

Alderoty challenged The New York Times to get the facts right by accessing needed information from the NCA. He expressed willingness to furnish the media outlet with whatever information about crypto that is unclear to it.

The NCA president is effectively positioning crypto as economically useful and not just for speculative trading. Alderoty has always been a strong advocate for the crypto community, particularly in his role as Ripple CLO.

He was particularly vocal during the five-year legal battle between the U.S. Securities and Exchange Commission (SEC) and Ripple. Alderoty consistently challenged the categorization of XRP as a security until it resulted in a legal win for Ripple.

Hence, it is not surprising to see him take on a mainstream media giant such as The New York Times. Alderoty’s bold confrontation of the renowned traditional media outlet as out of touch is likely to prompt a rethink and possibly a second critical look at the impact of crypto to everyday citizens in America.

He has also positioned the NCA as an authority that should be consulted if the media organization desires to redo a more balanced reportage of crypto.

Ripple CLO’s policy push extends to stablecoin and yield debate

You Might Also Like

It is worth mentioning that Stuart Alderoty’s influence extends beyond just Ripple. Recently, he joined forces with other critical stakeholders from Wall Street and notable crypto leaders to attend a meeting at the U.S. White House.

The goal of that meeting was to resolve issues surrounding stablecoin yields and break the deadlock stalling progress on crypto legislation.

Alderoty was there to advance the course of crypto and point out that restricting yields was an unfair advantage to traditional banks.

Source: https://u.today/ripple-clo-corrects-the-new-york-times-over-crypto-is-useless-narrative

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Landmark Court Ruling Rejects Terrorism Financing Claims

Landmark Court Ruling Rejects Terrorism Financing Claims

The post Landmark Court Ruling Rejects Terrorism Financing Claims appeared on BitcoinEthereumNews.com. Binance Lawsuit Dismissed: Landmark Court Ruling Rejects
Share
BitcoinEthereumNews2026/03/07 10:27
IP Hits $11.75, HYPE Climbs to $55, BlockDAG Surpasses Both with $407M Presale Surge!

IP Hits $11.75, HYPE Climbs to $55, BlockDAG Surpasses Both with $407M Presale Surge!

The post IP Hits $11.75, HYPE Climbs to $55, BlockDAG Surpasses Both with $407M Presale Surge! appeared on BitcoinEthereumNews.com. Crypto News 17 September 2025 | 18:00 Discover why BlockDAG’s upcoming Awakening Testnet launch makes it the best crypto to buy today as Story (IP) price jumps to $11.75 and Hyperliquid hits new highs. Recent crypto market numbers show strength but also some limits. The Story (IP) price jump has been sharp, fueled by big buybacks and speculation, yet critics point out that revenue still lags far behind its valuation. The Hyperliquid (HYPE) price looks solid around the mid-$50s after a new all-time high, but questions remain about sustainability once the hype around USDH proposals cools down. So the obvious question is: why chase coins that are either stretched thin or at risk of retracing when you could back a network that’s already proving itself on the ground? That’s where BlockDAG comes in. While other chains are stuck dealing with validator congestion or outages, BlockDAG’s upcoming Awakening Testnet will be stress-testing its EVM-compatible smart chain with real miners before listing. For anyone looking for the best crypto coin to buy, the choice between waiting on fixes or joining live progress feels like an easy one. BlockDAG: Smart Chain Running Before Launch Ethereum continues to wrestle with gas congestion, and Solana is still known for network freezes, yet BlockDAG is already showing a different picture. Its upcoming Awakening Testnet, set to launch on September 25, isn’t just a demo; it’s a live rollout where the chain’s base protocols are being stress-tested with miners connected globally. EVM compatibility is active, account abstraction is built in, and tools like updated vesting contracts and Stratum integration are already functional. Instead of waiting for fixes like other networks, BlockDAG is proving its infrastructure in real time. What makes this even more important is that the technology is operational before the coin even hits exchanges. That…
Share
BitcoinEthereumNews2025/09/18 00:32
The U.S. Commodity Futures Trading Commission unveiled a new logo, claiming it will usher in a "golden age" of innovation.

The U.S. Commodity Futures Trading Commission unveiled a new logo, claiming it will usher in a "golden age" of innovation.

PANews reported on March 7 that the U.S. Commodity Futures Trading Commission (CFTC) today unveiled a new logo, stating that it symbolizes the agency's commitment
Share
PANews2026/03/07 10:08