Express
Ripple Opposes SEC Motion For $2 Billion Fine
Summary: According to a legal document shared on social media by former U.S. federal prosecutor James K. Filan, Ripple has filed objections to the SEC’s motion for remedies and final judgment. The SEC said last month that Ripple needed to pay nearly $2 billion in fines for selling XRP to institutional investors, but Ripple said in ...
According to a legal document shared on social media by former U.S. federal prosecutor James K. Filan, Ripple has filed objections to the SEC’s motion for remedies and final judgment.
The SEC said last month that Ripple needed to pay nearly $2 billion in fines for selling XRP to institutional investors, but Ripple said in its opposition motion that the figure should be closer to $10 million.
