$BTC A commissioner at the US Securities and Exchange Commission, known for her skepticism towards crypto, has criticized the agency's settlement letter with Ripple. The joint settlement letter filed in a New York court aims to dissolve the August 2024 injunction against Ripple and return $75 million of the $125 million in penalties to the crypto firm. Commissioner Caroline Crenshaw expressed concerns that the deal could weaken the SEC's ability to regulate crypto firms and undermine court rulings. She also highlighted the inconsistency in the SEC's legal positions over time. Despite the settlement agreement, there are still procedural steps to be completed before the legal saga concludes. The SEC's changing stance on crypto under different administrations has raised questions about investor protection and regulatory clarity in the industry.