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Ripple Asks Court to Reject SEC’s $2 Billion Penalty Request in XRP Case

Ripple Labs has filed its opposition to the request by the U.S. Securities and Exchange Commission (SEC) for the company to pay $2 billion in fines in the XRP case. “The SEC’s draconian remedial requests are ungrounded i...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Ripple Asks Court to Reject SEC’s $2 Billion Penalty Request in XRP Case
Ripple Labs has filed its opposition to the request by the U.S. Securities and Exchange Commission (SEC) for the company to pay $2 billion in fines in the XRP case. “The SEC’s draconian remedial requests are ungrounded in law or principle. This court should reject them in their entirety,” Ripple stated. Ripple Files Opposition to […]

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This altcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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