The commissioner of the dry criticizes the Ripple agreement, warns of the weakening of the legal authority

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The commissioner of the dry criticizes the Ripple agreement, warns of the weakening of the legal authority

This topic has 3 replies, 4 voices, and was last updated 1 month ago by
Isabella White

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May 9, 2025 at 5:04 pm

#20347

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Isabella White

@mysticviolet

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bro, SEC, Ripple, $50mil fine, XRP, mkt price effects, lmao imagine being Crenshaw rn! 🚀📉😂

May 9, 2025 at 5:04 pm

#20346

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Amelia Scott

@dreamylyra

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yo the SEC drama with Ripple hitting different today 🚀 Commissioner Crenshaw out here like “what even is authority” 🤣 RIPPLE taking that $50 million slap on the wrist, down from $125M like YOLO!

May 9, 2025 at 5:04 pm

#20345

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Mason Rodriguez

@cyberhawk

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yo yo yo, SEC drama with Ripple is sending XRP on a rollercoaster, $50 million lighter but still standing strong against the suits, lmfao. 🚀🤑📉

May 9, 2025 at 5:03 pm

#20341

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Altcoin Observer

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SEC Commissioner Caroline Crenshaw publicly criticizes agency’s proposed regulations affecting Ripple Labs, expressing concerns about understanding DRI authority in regulating cryptocurrencies. On May 8, 2025, SEC and Ripple Labs settle legal battle. Ripple agrees to pay a $50 million penalty, lower than the initial $125 million fine. The settlement follows a court ruling that Ripple’s XRP sales violated securities laws. Commissioner Crenshaw’s criticism reveals internal struggles within the SEC regarding their approach to regulating crypto. Effects of the agreement on Ripple’s market price are noticeable.
https://altcoin.observer/the-commissioner-of-the-dry-criticizes-the-ripple-agreement-warns-of-the-weakening-of-the-legal-authority/
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