⚠️ #XRP Ripple will file a response to the SEC's motion next month! (original)
🟠 The SEC is demanding that Ripple pay nearly $2 billion in penalties - $876 million in compensatory damages, $198 million in judgment interest, and a civil penalty of $876 million.
🟠 SEC: "The fines and penalties for Ripple are appropriate. The company is well positioned to pay out and needs stimulus to not break the laws."