Ripple Rejects SEC’s $2,000,000,000 Request for Penalties, Says Firm Will Pay No More Than $10,000,000
April 24 2024 - 12:55PM
The Daily Hodl
Ripple has fired back against the U.S. Securities and Exchange
Commission’s (SEC) request for it to pay nearly $2 billion in
penalties. In March, the SEC asked the court to order Ripple to pay
$876,308,712 in disgorgement, $198,150,940 in prejudgment interest,
and a $876,308,712 civil penalty, which totals around $1.95
billion. Ripple filed an opposition […]
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Ripple Rejects SEC’s $2,000,000,000 Request for Penalties, Says
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