Crenshaw Opposes Ripple Agreement, Cites Threat to SEC Authority
By: coin central|2025/05/10 01:15:04
0
Share
TLDRThe SEC’s recent settlement with Ripple has triggered strong internal criticism from Commissioner Caroline Crenshaw.Crenshaw argued that the agreement weakens the SEC’s ability to enforce securities laws effectively in crypto.The settlement allows Ripple to regain over $75 million and lifts a prior injunction issued by the court.Crenshaw warned that the deal undermines previous legal positions and may harm the SEC’s credibility in court.She stated that removing court-imposed penalties reduces the legal weight of the earlier ruling.The U.S. Securities and Exchange Commission’s (SEC) recent settlement with Ripple (XRP) has sparked internal criticism, raising concerns about regulatory strength. SEC Commissioner Caroline Crenshaw strongly opposed the outcome, claiming it weakens the Commission’s enforcement authority. The Ripple case continues to highlight divisions over how to regulate crypto assets under current securities laws.Ripple Agreement Weakens SEC Legal PowerCaroline Crenshaw has criticized the settlement, stating it undermines the SEC’s ability to uphold securities laws effectively. The agreement between Ripple and the SEC includes lifting a previous injunction and restoring Ripple’s access to over $75 million. This move has raised questions about consistency in regulatory actions and the Commission’s broader approach to digital assets.Crenshaw expressed concern that the deal erodes the credibility of legal positions previously taken by SEC attorneys. She believes it contradicts the expected continuity in government enforcement policies and sends conflicting signals to the market. The Commissioner warned this shift could complicate future cases involving Ripple or similar digital asset firms.According to Crenshaw, removing the penalties imposed by the court weakens the legal impact of the original ruling. She argues the settlement blocks the SEC from addressing new violations related to unregistered XRP sales. This, she stated, effectively strips the court’s prior decision of its intended legal weight.Ripple Case Raises Legal and Regulatory ConcernsThe resolution follows months of negotiations between Ripple, its co-founders, and the SEC, ending one of the agency’s highest-profile crypto cases. Crenshaw’s opposition suggests deeper disagreements within the SEC over handling enforcement in the digital asset space. She highlighted that the deal may be interpreted as softening the SEC’s stance on crypto-related violations.Crenshaw questioned whether this outcome diminishes the court’s role in establishing precedent for securities law application. She pointed out that the ruling’s legal value may be unclear, reducing its usefulness in similar enforcement actions. This ambiguity could affect future cases involving Ripple or other crypto entities.Crenshaw argues that the SEC risks undermining its regulatory objectives by failing to clarify the settlement’s implications. She emphasizes the importance of transparent, consistent actions that promote lawful conduct in the digital market and warns that the crypto sector may face ongoing confusion without this clarity.Concerns Over SEC’s Crypto Oversight DirectionCrenshaw stated the Ripple agreement is part of a broader trend toward reducing crypto enforcement at the Commission. She expressed concern that this change signals a retreat from strong oversight and leaves gaps in legal accountability. The Commissioner warned that such decisions could impact future enforcement capacity.She questioned how the SEC plans to ensure compliance from Ripple and similar companies after the settlement. She argued that the absence of further enforcement measures opens the door for potential violations without consequences. Crenshaw stated this inaction threatens to reverse hard-earned legal progress in crypto regulation.The Commissioner concluded that the Ripple settlement sets a problematic precedent and may compromise public trust in the SEC’s mission. She called for a return to firm and consistent application of securities laws across the digital asset industry. Crenshaw’s criticism reflects growing concern over the agency’s shifting crypto enforcement strategy.The post Crenshaw Opposes Ripple Agreement, Cites Threat to SEC Authority appeared first on CoinCentral.
You may also like

Crypto Market Update: BTC Holds $76K as Fear Index Signals Opportunity — What Is Futures Trading & Spot Trading Explained
Bitcoin (BTC) is holding above $76,000, supported by strong institutional buyingThe Fear & Greed Index at 33 indicates continued market caution despite price strengthCrypto ETPs saw $1.4B in inflows, marking three consecutive weeks of capital growthEthereum (ETH) is consolidating around $2,300, with resistance near $2,360Understanding what is futures trading vs what is spot trading is key in volatile marketsTraders are increasingly combining spot accumulation with futures trading strategies

DeFi is trapped in the most dangerous prisoner's dilemma in history
This incident has returned to the classic dilemma of cryptography: pragmatic security vs completely decentralized security.

Exclusive Interview with Jeff Hoffman: How Web3 and AI are Reshaping the Trillion-Dollar Social Travel Market
The most valuable platforms will not only be aggregators of suppliers, but they will also have relational networks around payments, loyalty, and communities.

After the KelpDAO hack, AAVE's situation is worse than you think
October 10 is the CEX-driven collapse, an epic failure in DeFi risk mitigation.

Atkins Marks One-Year Anniversary at SEC: Crypto Regulation Shifts from ‘Enforcement Heavy’ to ‘Rulemaking Mode’
Before the bill is passed, the SEC's cryptocurrency regulatory framework remains in a transition state of "administrative guidance + enforcement actions."

Under Political Pressure, Is the Federal Reserve Still Independent?
Powell believes that political pressure is not a threat, and what truly determines the Fed's independence is the Fed itself.

Yellen's Past Remarks: How Will This Incoming "Fed Chair" Disrupt the Federal Reserve? Janet Yellen, who is expected to become the next Chair of the Federal Reserve, has made several significant statements in the past regarding monetary policy, financ...
Powell's reform blueprint not only looks bold and ambitious, but also directly targets many vulnerabilities of the Federal Reserve. Facing the upcoming Senate confirmation hearing, how will this Fed's presumptive new "helmsman" reshape the future of the world's largest central bank?

ZachXBT vs. RAVE: Is a “Clean” Market Really What Speculators Want?
While cleaning up manipulation, it may also involve cleaning up liquidity

Arbitrum Poses as Hacker, 'Steals' Back Money Lost by KelpDAO
Even though Arbitrum wielded the admin key, the battle is far from over.

Without Cook's Apple, Can it Still Grow in the AI Era?
The iPhone Remains at its Peak, But Apple is at a Turning Point

Saylor's Bitcoin Holdings Surpass BlackRock, How Does This "Bitcoin Financing Machine" STRC Work?
Funding Cap is not equal to Execution Path; whether Bitcoin can cooperate is the true variable.

What Is RWA? What Is RWA in Crypto (Complete 2026 Guide)
Wondering what is RWA in crypto? We explain what RWA is, break down RWA tokenization in simple no-jargon terms, and cover why it's 2026's hottest crypto narrative.

What Is the KelpDAO Attack? What It Means for Aave Users in 2026
KelpDAO suffered a $292M rsETH exploit on April 18, 2026, triggering Aave market freezes and $13B DeFi outflows. Here’s what happened, whether Aave is safe now, and what users should do next.

Is your gold really "within reach"? The geographical blind spots of custodial services behind tokenized gold
When "complete physical support" does not equal "truly desirable," the risks are just beginning to emerge.

Cook Passes the Baton, Anthropic Gears Up | Rewire News Morning Brief
In the window of AI reshaping the hardware landscape, Apple has chosen a Maker

Will the Fed Cut Interest Rates Again? Tonight's Data Is Key
Citi believes geopolitical turbulence is temporary and the rate cut trajectory remains unchanged. Meanwhile, Deutsche Bank warns that the policy has reached a neutral stance, with no interest rate cuts in the foreseeable future.

The person taking over Apple has to do something he has never done before
Software, AI, services—areas he never directly controlled in his 25-year Apple career

Why Are You Always Losing Money on Polymarket? Because You're Betting on News, While The Rulebook Favors Insiders
At Polymarket, most people who bet incorrectly are not wrong in their prediction but rather in not having read the rules carefully.
Crypto Market Update: BTC Holds $76K as Fear Index Signals Opportunity — What Is Futures Trading & Spot Trading Explained
Bitcoin (BTC) is holding above $76,000, supported by strong institutional buyingThe Fear & Greed Index at 33 indicates continued market caution despite price strengthCrypto ETPs saw $1.4B in inflows, marking three consecutive weeks of capital growthEthereum (ETH) is consolidating around $2,300, with resistance near $2,360Understanding what is futures trading vs what is spot trading is key in volatile marketsTraders are increasingly combining spot accumulation with futures trading strategies
DeFi is trapped in the most dangerous prisoner's dilemma in history
This incident has returned to the classic dilemma of cryptography: pragmatic security vs completely decentralized security.
Exclusive Interview with Jeff Hoffman: How Web3 and AI are Reshaping the Trillion-Dollar Social Travel Market
The most valuable platforms will not only be aggregators of suppliers, but they will also have relational networks around payments, loyalty, and communities.
After the KelpDAO hack, AAVE's situation is worse than you think
October 10 is the CEX-driven collapse, an epic failure in DeFi risk mitigation.
Atkins Marks One-Year Anniversary at SEC: Crypto Regulation Shifts from ‘Enforcement Heavy’ to ‘Rulemaking Mode’
Before the bill is passed, the SEC's cryptocurrency regulatory framework remains in a transition state of "administrative guidance + enforcement actions."
Under Political Pressure, Is the Federal Reserve Still Independent?
Powell believes that political pressure is not a threat, and what truly determines the Fed's independence is the Fed itself.
Popular coins
Latest Crypto News
Read more


