Home > Quick > Body

Ripple objects to SEC's proposed $2 billion fine

clock
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.
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
New Tab Page - Desk3 | Plugin
Stay ahead of the game in the cryptocurrency space.