Ripple’s recent settlement with the SEC has been met with criticism from Commissioner Crenshaw, who argues that it undermines investor protection and raises regulatory concerns about its impact on market dynamics. While the settlement includes a $50 million penalty and $75 million return to Ripple, Commissioner Crenshaw’s stance highlights key doubts regarding the application of existing regulations in the crypto space. This disagreement has led to a surge in XRP price (6.45% increase) on May 8th, sparking discussions about future regulatory frameworks for digital assets. The case also underscores a broader debate surrounding the classification of cryptocurrency as securities or commodities.