HOT š„š„š„
š£ SEC Demands Ripple Pay $102.6M Fine
The SEC is demanding Ripple pay a $102.6 million fine, down from the initial $2 billion.
Rippleās Chief Legal Officer stated that the court ruled XRP is not a security, no victims seek compensation, and Ripple is thrivingš The SEC continues to push for a larger penalty.
The U.S. Securities and Exchange Commission (SEC) and Ripple Labs have been engaged in legal battles since December 2020. The dispute has now been ongoing for over three years š²š³š²š