US Government Seeks Massive Penalties Against Ripple Labs in Legal Dispute
Monday, 25 March 2024, 19:46
![https://store.livarava.com/8681b28f-eae0-11ee-aeb3-63fd8ea994ba.jpg](https://store.livarava.com/8681b28f-eae0-11ee-aeb3-63fd8ea994ba.jpg)
US Seeks $2 Billion in Penalties Against Ripple Labs
It's good to be Ripple's lawyers right now as the bills are about to run into the stratosphere. I'm not so sure it's going to be anyone else at Ripple as they face a protracted legal fight.
Ethereum is up 9.5% today despite similar murmurs about the US DOJ taking aim at the Ethereum Foundation and classifying it as a security.
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.