Close Menu
Cryprovideos
    What's Hot

    Bitcoin Bulls In Management? Binance Taker Purchase-Promote Ratio Factors To Sturdy Momentum | Bitcoinist.com

    May 9, 2025

    Why is Bitcoin's Value Rising As we speak? – Decrypt

    May 9, 2025

    SEC’s Crenshaw slams Ripple settlement, warns of ‘regulatory vacuum’

    May 9, 2025
    Facebook X (Twitter) Instagram
    Cryprovideos
    • Home
    • Crypto News
    • Bitcoin
    • Altcoins
    • Markets
    Cryprovideos
    Home»Crypto News»SEC’s Crenshaw slams Ripple settlement, warns of ‘regulatory vacuum’
    SEC’s Crenshaw slams Ripple settlement, warns of ‘regulatory vacuum’
    Crypto News

    SEC’s Crenshaw slams Ripple settlement, warns of ‘regulatory vacuum’

    By Crypto EditorMay 9, 2025No Comments3 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email


    A crypto-skeptical commissioner on the US Securities and Alternate Fee has blasted her company over its settlement letter that might lastly finish the Ripple authorized saga.

    The SEC and Ripple filed a joint settlement letter in a New York court docket asking for the August 2024 injunction towards Ripple to be dissolved and $75 million of the $125 million in civil penalties held in escrow to be returned to the crypto agency, based on a Might 8 assertion from the SEC.

    SEC Commissioner Caroline Crenshaw blasted the pending deal in a Might 8 assertion, saying it might harm the regulators’ potential to maintain crypto companies in line and undermine the court docket’s ruling.

    SEC’s Crenshaw slams Ripple settlement, warns of ‘regulatory vacuum’
    Supply: James Filan

    “This settlement, alongside the programmatic disassembly of the SEC’s crypto enforcement program, does an amazing disservice to the investing public and undermines the court docket’s function in deciphering our securities legal guidelines,” she mentioned.

    “Within the meantime, the settlement joins a line of dismissals that collectively erode the credibility of our attorneys in court docket who’re being requested to take authorized positions right this moment opposite to those taken simply months in the past.”