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.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.

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