Ripple Vs. SEC: Ripple Faces $2 Billion Fine As SEC Seeks Penalties
The U.S. Securities and Exchange Commission’s remedies-related brief has finally been revealed to the public, per James K. Filan’s prediction. It has been found that the SEC is pushing for a staggering $2 billion penalty against Ripple Labs as a demand for damages to be paid. Stuart Alderoty, Ripple’s Chief Legal Officer, has also commented in response..
Source: Coinpedia
