Ripple CEO Warns Against Crypto Blame
This is a Massachusetts news story, published by CoinGape, that relates primarily to Stuart Alderoty news.
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•Ripple CLO Slams Crypto Money Laundering Concerns, XRP Community Reacts
65% Informative
Stuart Alderoty , chief legal officer ( CLO ) of Ripple Labs , expressed concerns over some scapegoating crypto for money laundering problems.
He pointed out that traditional finance systems, including the NY Federal Reserve , have experienced hundreds of millions of dollars of illicit transfers to terrorist groups.
GOP Massachusetts Senate candidate John Deaton shares statistics on how Bitcoin and crypto are far less used for illicit transactions.
XRP price jumped nearly 3% in the past 24 hours , with the price currently trading at $ 0.539 .
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