ChainCatcher Message, Ripple's Chief Legal Officer Stuart Alderoty stated that he agrees that SEC Commissioner Caroline Crenshaw poses more challenges in the crypto space than SEC Chairman Gensler. This is because even in the face of a court ruling that deemed the rejection of a Bitcoin spot ETF as 'arbitrary and capricious,' Gensler backed down, while Caroline Crenshaw insisted on dissenting, arguing that the court's ruling was incorrect.
Previously, it was reported that crypto skeptic Caroline Crenshaw is seeking reappointment to the SEC, and there are concerns within the industry about her chances of reappointment.