The trial could end with Ripple paying $100 million in compensation. Previously, the SEC demanded that Ripple pay a fine of $2 billion for violating the rules for the sale of XRP.
April 27, 2024: Ripple may file a motion for judgment on the merits.
May 23, 2024: The SEC may file a response to Ripple's petition.
June 14, 2024: Ripple may request additional evidence from the SEC.
June 26, 2024: SEC may provide additional evidence of Ripple.
July 19, 2024: Ripple may make its final submission to the court.
August 9, 2024: The SEC may make its final submission to the court.
Ripple insists that XRP is not a security and is not subject to the jurisdiction of the SEC. Chief lawyer of the company
The fine should not exceed $10 million.
Stuart Alderothy
🤑 If you want to learn more about the lawsuit and its possible impact on $XRP and the cryptocurrency market, watch our special video #investorgrafic (not for the dumb)
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