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The SEC’s $50 million settlement with Ripple has sparked controversy, with Commissioner Caroline Crenshaw warning it weakens crypto enforcement and investor protections. The deal resolves a long-standing case over XRP sales, but critics argue it undermines legal precedents.
- SEC settles with Ripple for $50M, vacating a previous $125M penalty over XRP sales.
- Commissioner Crenshaw warns the deal undermines crypto enforcement and investor protections.
- XRP price jumps 6.5% post-settlement, reflecting market reaction to the resolution.
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