โš ๏ธ #XRP Ripple will file a response to the SEC's motion next month! (original)

๐ŸŸ  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.

๐ŸŸ  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."

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