🚀Ripple's legal tussle with the SEC continues, but the company's optimistic! They're pushing back against a proposed $2B penalty, suggesting a cap of $10M instead.👨‍⚖️

• Ripple's lawyers are comparing the case to Terraform Labs, which agreed to a $4.47B fine for fraudulent activity. They argue Ripple's case lacks direct allegations of fraud, hence the lower fine.

• Ripple's CEO, Brad Garlinghouse, anticipates a resolution by summer 2024, but the complex legal process could cause delays.

🤔What do you think? Is Ripple's proposed $10M fine fair? Let's chat in the comments! #Ripple #SEC #DeFi #Web3