Ripple's Chief Legal Officer, Stuart Alderoty, has emphasized the decentralized nature of XRP, stating that it operates without a CEO and functions independently on the open-source XRP Ledger. This clarification underscores XRP's design, allowing anyone to access and build on the ledger. Additionally, Alderoty expressed support for Mike Selig to assume a leadership position at the U.S. Commodity Futures Trading Commission (CFTC). He highlighted Selig's regulatory expertise and potential to enhance crypto oversight, suggesting his appointment could benefit the industry.