$XRP

The commissioner of the U.S. Securities and Exchange Commission (SEC), Caroline Crenshaw, harshly criticized the agreement with Ripple. Crenshaw warned of a "regulatory void" that would be created if the agreement is approved, arguing that investor protections would be erased and a regulatory gap would be left until a regulatory framework is established.

Crenshaw also expressed her dissatisfaction with the agreement, stating that it does not benefit investors or markets and creates more questions than answers. She argues that the agreement, along with the dismantling of the SEC's crypto enforcement program, harms the investing public.

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