⚠️Bad news for those waiting for an XRP pump
Ripple's legal team recently announced that the SEC plans to impose significant fines and penalties on the company, totaling over $2 billion.
This comes amidst the ongoing legal battle between the SEC and XRP. Interestingly, the regulator seeks to impose fines on Ripple twice as large as those imposed on JPMorgan for their decade-long involvement in the Madoff Ponzi scheme. The situation continues to unfold, and we'll be closely monitoring for further updates.
