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

Source 1 month ago 73
MyIPFS Script: Gateway to Your IPFS Network

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 […]

BitNews.press shares this Content with Attribution-NonCommercial-ShareAlike 4.0 International (CC BY-NC-SA 4.0) License.

Read Entire Article

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