Ripple Says $10M Penalty Enough, Rejects SEC’s Ask of $1.95B Fine in Final Judgment

source: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2024. Apr. 23. 07:32

Ripple Says $10M Penalty Enough, Rejects SEC’s Ask of $1.95B Fine in Final Judgment

Ripple Labs filed its opposition on Monday against the U.S. Securities and Exchange Commission's (SEC) proposal to ask a New York judge to impose a nearly $2 billion fine against the company behind the XRP Ledger blockchain.

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Policy news Regulations Ripple XRP Crypto SEC Securities judge Judge analisa torres New York