US SEC Pushes Back Against Ripple, Firm Refuses to Budge on Fines

Monday, 17 June 2024, 19:35
The US Securities and Exchange Commission (SEC) resists Ripple's plea to decrease fines, indicating a standoff between the regulatory body and the cryptocurrency company. Ripple maintains a steadfast stance, rejecting any compromises with the SEC. The ongoing dispute highlights the escalating tension and lack of agreement between the two parties, posing potential consequences for Ripple and the regulatory landscape.
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US SEC Pushes Back Against Ripple, Firm Refuses to Budge on Fines

US SEC Pushes Back Against Ripple

The US Securities and Exchange Commission (SEC) is standing firm against Ripple's attempts to lower fines.

Ripple Refuses to Budge

Ripple maintains its position and does not agree to any compromises with the SEC.

Regulatory Standoff

The confrontation reflects the discord and resistance between Ripple and the SEC, raising uncertainties for both parties.

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