Ripple Chief Legal Officer: SEC Commissioner Seeking Reappointment is More Threatening to Crypto than Gensler

ChainCatcher news, Ripple's Chief Legal Officer Stuart Alderoty stated that he agrees that SEC Commissioner Caroline Crenshaw is more challenging in the crypto space than SEC Chairman Gensler. This is because even after a court ruling deemed the blocking of a Bitcoin spot ETF as "arbitrary and capricious," Gensler backed down, while Caroline Crenshaw insisted on dissenting, believing the court's ruling was incorrect.

Previously, it was reported that crypto skeptic Caroline Crenshaw is seeking reappointment as an SEC commissioner, and there are concerns within the industry about her chances of reappointment.