SEC Now Demands $102.6 Million Penalty From Ripple in XRP Case

The U.S. Securities and Exchange Commission (SEC) is present pursuing a $102.6 cardinal punishment from Ripple, a important simplification from the astir $2 cardinal primitively sought. Ripple precocious projected a $10 cardinal penalty, citing the Terraform Labs colony arsenic justification. However, the SEC countered that specified a debased punishment “would not fulfill the purposes of […]