SEC’s Crenshaw Faces Crypto Industry Pushback on Her Re-Nomination

Stuart Alderoty, Ripple’s CLO, opposes SEC Commissioner Caroline Crenshaw’s re-nomination over her stance on Bitcoin spot ETFs. Crenshaw resisted Bitcoin ETF approval despite a court ruling in favor of such products earlier this year. Crypto industry groups, including the Blockchain Association, ramp up lobbying efforts against Crenshaw’s confirmation. Ripple’s Chief Legal Officer, Stuart Alderoty, has joined the growing opposition to SEC Commissioner Caroline Crenshaw’s re-nomination. In a post on X, Alderoty accused Crenshaw of being “even more rogue than SEC Chair Gary Gensler.” He pointed to her continued opposition to Bitcoin spot exchange-traded funds (ETFs) despite a federal court ruling earlier this year in favor of such products. Alderoty’s statement comes as the crypto industry is intensifying lobbying efforts to block Crenshaw’s confirmation. Groups like the Cedar Innovation Foundation have launched digital campaigns that label Crenshaw as “more extreme” than Gensler. These campaigns highlight her consistent resistance to Bitcoin spot ETFs and her description of crypto markets as a “petri dish of fraud.” Lobbying Efforts Intensi… The post SEC’s Crenshaw Faces Crypto Industry Pushback on Her Re-Nomination appeared first on Coin Edition .