Ripple's Chief Legal Officer, Stuart Alderoty, has criticized The New York Times for its portrayal of cryptocurrency as "pointless and full of scammers." As president of the National Cryptocurrency Association, Alderoty has written to the publication, challenging its "lazy and outdated" views and emphasizing crypto's role in supporting millions of Americans economically. He offered to provide the NYT with accurate information to correct its narrative.
Alderoty, known for his advocacy during Ripple's legal battle with the SEC, continues to defend the crypto sector's legitimacy. He recently participated in a White House meeting to address stablecoin yield issues, advocating for fair treatment of crypto compared to traditional banks.
Ripple CLO Criticizes NYT's 'Crypto Is Useless' Narrative
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