Crypto Updates

Ripple Challenges SEC’s $2 Billion Penalty Demand

Ripple SEC

In response to the U.S. Securities and Exchange Commission’s (SEC) motion for remedies and entry of final judgment in the ongoing XRP lawsuit, Ripple has filed its opposition. The fintech company contests the SEC’s demand for nearly $2 billion in penalties, proposing a maximum fine of $10 million instead. Filed late Monday, Ripple’s 186-page opposition …

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