SEC Commissioner Criticizes Ripple Settlement as Crypto Enforcement Weakens

May 9, 2025 10:00 am Cryptocurrency 68

Key Takeaways:

The SEC has resolved its Ripple Labs lawsuit, lowering the fine from $125 million to $50 million.

Commissioner Caroline Crenshaw vehemently criticizes the agreement, describing it as a decline in legal responsibility and investor protection.

The action shows a more general change in the SEC’s attitude toward crypto control during the Trump administration.

Settling for far less than first sought, the U.S. Securities and Exchange Commission (SEC) has ended its protracted legal conflict with Ripple Labs. The outcome has generated debate within the Commission itself, as Commissioner Caroline Crenshaw has strongly disagreed and expressed grave doubts about the SEC’s future course on digital asset enforcement.