Ripple's Chief Legal Officer: The SEC commissioner seeking re-election is more threatening than Gensler on crypto
Ripple's Chief Legal Officer, Stuart Alderoty, agrees that U.S. Securities and Exchange Commission (SEC) Commissioner Caroline Crenshaw is more challenging in the crypto field than SEC Chairman Gensler. This is because even after a court ruling deemed the prevention of Bitcoin spot ETFs as "arbitrary and elusive," Gensler backed down while Caroline Crenshaw persisted in her dissent, believing the court's decision was wrong. Earlier news reported that crypto skeptic Caroline Crenshaw is seeking re-election as a U.S. SEC commissioner, causing concern within the industry about her potential reappointment.
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