$BTC A commissioner at the U.S. Securities and Exchange Commission, known for skepticism towards crypto, has criticized the agency's settlement letter with Ripple. The joint settlement letter filed in New York court aims to overturn the temporary order from August 2024 against Ripple and return $75 million of the $125 million in fines to the crypto company. Commissioner Caroline Crenshaw expressed concerns that the deal could undermine the SEC's ability to regulate crypto companies and damage court rulings. She also highlighted inconsistencies in the SEC's legal position over time. Despite the settlement agreement, there are still procedural steps that must be completed before this legal saga ends. The SEC's changing stance on crypto under various administrations has raised questions about investor protection and regulatory clarity in the industry.