Ripple Labs' Dispute with SEC Over $2 Billion Fine

Friday, 14 June 2024, 05:26
Ripple Labs contests the SEC's imposing $2 billion fine and proposes a cap at $10 million, citing a similar case with Terraform Labs. The contentious issue revolves around the perceived excessive nature of the penalty, sparking a heated debate within the financial community.
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Ripple Labs' Dispute with SEC Over $2 Billion Fine

Ripple Labs vs. SEC: Disputing the Fine

Ripple Labs contests the SEC's imposition of a $2 billion fine and suggests a $10 million cap, drawing parallels with the Terraform Labs case. The argument centers on the perceived excessive nature of the penalty.

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