The unelected bureaucrats are authorized by duly elected politicians. They do not coalesce in office from the ether, they're put there by elected officials. It's not like there's no oversight.
They are not authorized to regulate which isn't their authority, they were breaking the law. I don't even like Ripple, I think it's a scam. But if the SEC can't even win on this one, which they clearly picked first because it would have been the easiest given it's extremely centralized nature, Gensler's game is over.
I wasn't responding to this specific case, I was talking about the common "unelected bureaucrat" trope that falsely represents that gov't agencies are somehow "bad" because they're not directly run by politicians.