Ripple objects to SEC's proposed $2 billion fine
2024-04-23 02:20:52
In a court filing late Monday, Ripple Labs rebutted the Securities Exchange Commission's request that the company pay nearly $2 billion in fines. The move comes after the Securities Exchange Commission said last month that Ripple should pay nearly $2 billion in fines for selling XRP to institutional investors, but Ripple said in its motion to oppose that figure should be closer to $10 million.
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