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SEC Now Demands $102.6 Million Penalty From Ripple in XRP Case

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SEC Now Demands 2.6 Million Penalty From Ripple in XRP Case
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Source: Bitcoin.com

SEC Now Demands $102.6 Million Penalty From Ripple in XRP CaseThe U.S. Securities and Exchange Commission (SEC) is now pursuing a $102.6 million penalty from Ripple, a substantial reduction from the nearly $2 billion originally sought. Ripple recently proposed a $10 million penalty, citing the Terraform Labs settlement as justification. However, the SEC countered that such a low penalty “would not satisfy the purposes of […]

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Author: Kevin Helms

Related posts:

  1. Finder’s Experts Expect XRP to Spike to $3.81 by 2025 if Ripple Wins SEC Lawsuit
  2. Ripple CEO Slams SEC Chair Gensler for Dictating Which Crypto Tokens Are Securities
  3. Ripple CEO Says Company Spends $200 Million Fighting SEC Lawsuit Over XRP, Ruling Could Come in 3 Months
  4. Ripple CEO Expects SEC to Lose Against Ethereum, Mirroring XRP Lawsuit Outcome
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