Ripple challenges SEC fine
Ripple strongly opposes the SEC's proposed $2 billion fine, saying the agency seeks to intimidate the US crypto industry.
Ripple's legal chief emphasizes that there is no evidence of recklessness or fraud on the company's part, and that the SEC request is proof of its continued bullying.
Despite previous legal victories, the SEC seeks to impose sanctions without solid evidence. Ripple insists that it has already adjusted its practices in accordance with previous court rulings to avoid any future violations.
