Rep. Ritchie Torres, member of the U.S. Congressional Blockchain Caucus, sent a letter to the chairman of the U.S. Securities and Exchange Commission (SEC), urging the agency to "reassess its reckless regulatory attack on the crypto industry" following the Ripple ruling, focusing the commission's enforcement efforts Where it belongs: cracking down on really bad actors who commit serious violations such as fraud, market manipulation, and misappropriation of client funds. Ritchie Torres is a member of the House Financial Services Committee, which is tasked with overseeing the U.S. Securities and Exchange Commission. the