According to ChainCatcher, Caroline Crenshaw, Commissioner of the U.S. Securities and Exchange Commission (SEC), said on May 8 that if the Ripple settlement agreement is approved, it will weaken the SEC's legal credibility in crypto regulation. She criticized such settlements as "chain concessions" that harm investors' interests and shake the SEC's internal legal position.
SEC Commissioner Criticizes Ripple Settlement for Undermining Legal Credibility
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