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Ripple's chief legal officer: SEC commissioner seeking re-election is more of a threat to crypto than Gensler

Ripple's chief legal officer, Stuart Alderoty, agreed that Securities Exchange Commission (SEC) commissioner Caroline Crenshaw is more challenging in the crypto space than SEC chair Gensler. Because even after the court ruled that blocking a bitcoin spot ETF was "arbitrary and elusive", Gensler backed down, while Caroline Crenshaw insisted in dissent that the court's decision was wrong. Previously, it was reported that crypto skeptic Caroline Crenshaw is seeking re-election as a U.S. SEC commissioner, and the industry remains concerned about the possibility of her re-election.