We are trying to make the Binance SQUARE Platform more valuable and attentive for you. Here are the details of our news;
The United States Securities and Exchange Commission (SEC) criticized Ripple Labs' recent argument for a lower penalty, stating that it would not be enough.
Last week, Ripple requested a penalty "not to exceed $10 million" from New York District Court Judge Analisa Torres on June 13, citing the SEC's settlement with Terraform Labs. This request was significantly lower than the SEC's proposed $876.3 million fine.
The SEC argued in a letter to Judge Torres a day later that the $4.5 billion settlement with Terraform and co-founder Do Kwon (including a $420 million civil penalty) occurred because the firm was bankrupt and agreed to refund investors. The SEC emphasized that it determined Terraform's penalty at 12 percent based on the gross profits of the violated conduct.
The SEC argued that Ripple's proposed fine would be approximately $102.6 million based on the $876.3 million in gross profits the firm plans to distribute. The institution argued that this sentence would not meet the objectives of civil penalty laws. The total penalty amount proposed by the SEC for Ripple is approximately $2 billion, of which $198.2 million includes pre-judgment interest, $876.3 million in civil penalties, and $876.3 million in damages.
The lawsuit between the SEC and Ripple began when the SEC alleged that Ripple had been selling unregistered securities since 2020 when they were sold to institutional investors, and has been ongoing in court ever since.
FOR THE GIFT OF 10 DOLLARS, PLEASE READ CAREFULLY.
My friends, you know that we, the publishers, are doing everything we can for you here. We are informing you about the services and facilities offered to us by our authorities. I have never stopped supporting both the Cryptocurrency market and you as much as I could, and on the contrary, I am trying to provide more support.
THIS 10 DOLLAR GIFT CAMPAIGN IS A CAMPAIGN MADE SPECIALLY FOR ME BY BINACE. YOU CAN GET THE CONFIRMATION I SAID ABOUT THIS BY CONTACTING LIVE HELP. THIS IS A 10 DOLLAR CAMPAIGN MADE TO YOU THROUGH ME.
Now I will tell you how to receive your gift. First of all, Binance users who have registered with someone's reference and actively use futures transactions will unfortunately not be able to benefit from this promotion.
So who will benefit?
Our friends who have not activated the futures section yet, while activating your FUTURES trading section, you will earn 10 dollars when you open it by entering my reference code 88623008.
I EXPLAIN IN DETAIL.
My brothers and sisters who have become a Binance member without reference, please listen carefully;
When you do what I say, you will receive 10 USDT.
Enter the Futures Section from your application,
On the next screen, open your account by entering the code 88623008 in the REFERENCE CODE section,
My brothers and sisters who want to complete this transaction and receive the 10 USDT reward by MAY 1 can do so. After activating your account, all you have to do is open your first futures transaction.
The first 1,000 brothers to open a 200 USDT transaction by MAY 1 will receive a 10 USDT reward.
So let me give you a tactic like this: Even if you open and close 20x with a $5 transaction, you will be entitled to the reward.
However, even if you do this after May 1, your reward will not come. So get it done by May 1st. In fact, right now I say you can fix it in 5 seconds.
Very simple. Go to Futures, enter my reference code 88623008 and activate the account. Afterwards, just open a total of 200 USDT transactions and get 10 USDT reward.
WHEN WILL THE AWARD COME?
Your 10 dollar reward will arrive in the REWARDS section of your Binance application within 30 days, starting from May 1st. By activating it from there, you can use your reward of 10 dollars, or more than 300 liras, in futures transactions.
You can help your friends in need by sharing this post.
BY THE WAY, MY BROTHERS, PLEASE DON'T MISS YOUR LIKES. EVERY SHARE IS FOR YOU. SO DON'T WITHHOLD YOUR SUPPORT. IF YOU HAVE NOT FOLLOWED YET, DON'T FORGET TO FOLLOW. KIND REGARDS.
