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Commissioner Crenshaw Questions US SEC’s Proposed Ripple Lawsuit Settlement

  • SEC Commissioner Caroline Crenshaw opposes a proposed settlement with Ripple Labs, expressing concerns about eroding investor protections.
  • The deal would involve Ripple and its executives paying $50 million to the SEC to end the ongoing litigation, which Crenshaw believes weakens the SEC's credibility.
  • The settlement with Ripple follows a series of dropped cases under the Trump administration, raising concerns about regulatory consistency in the crypto industry.
  • The agreement between Ripple and the SEC is pending final court approval, with Judge Analisa Torres needing to issue a ruling before the case can officially conclude.

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