Ripple rejects SEC’s $2 billion fine for ‘unreasonableness’ citing Terraform settlement

Ripple's lawyers have asked a court to consider an "appropriate" civil penalty in its ongoing case against the SEC, citing the recent settlement between the regulator and Terraform Labs as evidence that the SEC's requested $2 billion penalty is unreasonable. The post Ripple rejects SEC’s $2 billion fine for ‘unreasonableness’ citing Terraform settlement appeared first on Crypto Briefing.

Jun 15, 2024 - 10:50
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Ripple rejects SEC’s $2 billion fine for ‘unreasonableness’ citing Terraform settlement

Ripple's lawyers have asked a court to consider an "appropriate" civil penalty in its ongoing case against the SEC, citing the recent settlement between the regulator and Terraform Labs as evidence that the SEC's requested $2 billion penalty is unreasonable.

The post Ripple rejects SEC’s $2 billion fine for ‘unreasonableness’ citing Terraform settlement appeared first on Crypto Briefing.

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