SEC Commissioner Criticizes Ripple Deal, Warns of Weakening Legal Authority
SEC Commissioner Caroline Crenshaw has publicly criticized the agency’s proposed settlement with Ripple Labs, expressing concerns that it could undermine the SEC’s authority in regulating the cryptocurrency industry. On May 8, 2025, the U.S. Securities and Exchange Commission (SEC) and Ripple Labs reached a settlement agreement, concluding a legal battle that began in December 2020.…