Ripple may sell over 3.1 billion XRPs to pay a $1.95 billion fine from the US SEC
2024-03-30 16:57:44
The US SEC has submitted a preliminary summary of remedial measures, proposed judgment, and accompanying evidence in the Ripple case, with the regulatory agency explicitly requiring the court to compel Ripple to pay a fine and penalty of $1950768364 for its violation of federal securities laws.
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