Stephen Palley

In this discussion, Stephen Palley, a litigation partner at Brown Rudnick LLP specializing in crypto law, shares keen insights on the recent Ripple case ruling. He unpacks why retail sales of XRP were deemed non-violative of securities laws, and the implications of Judge Torres’ surprising ‘Footnote 16.’ Palley addresses whether the SEC might appeal, and warns that this ruling shouldn't be seen as a green light for investments. The conversation also touches on Coinbase and Kraken's recent decisions to re-list XRP amidst this regulatory turmoil.