A crypto-skeptical commissioner at the US Securities and Exchange Commission has blasted her agency over its settlement letter that could finally end the Ripple legal saga.
The SEC and Ripple filed a joint settlement letter in a New York court asking for the August 2024 injunction against Ripple to be dissolved and data-ct-non-breakable=”null” href=”https://cointelegraph.com/news/ripple-cross-appeal-sec-lower-court-ruling” rel=”null” target=”null” text=”null” title=”null”>$75 million of the $125 million in civil penalties held in escrow to be returned to the crypto firm, data-ct-non-breakable=”null” href=”https://www.sec.gov/enforcement-litigation/litigation-releases/lr-26306″ rel=”null” target=”null” text=”null” title=”null”>according to a May 8 statement from the SEC.
SEC Commissioner Caroline Crenshaw data-ct-non-breakable=”null” href=”https://www.sec.gov/newsroom/speeches-statements/crenshaw-statement-ripple-050825″ rel=”null” target=”null” text=”null” title=”null”>blasted the pending deal in a May 8 statement, saying it…
