SEC Commissioner Criticizes Ripple Settlement, Raising Concerns About Regulatory Uncertainty

SEC Commissioner Caroline Crenshaw has expressed significant concerns regarding the recent settlement between Ripple Labs and the SEC. She argues that the agreement undermines investor protections and introduces regulatory uncertainty in the crypto market. Crenshaw’s statement follows a court ruling favoring Ripple on its programmatic sales to institutional investors, while rejecting claims of securities violations against retail investors. The $50 million payment from Ripple and executives Brad Garlinghouse and Chris Larsen is part of the settlement, which also includes a return of over $75 million in penalties.