Ripple May Dump 3,121,229,382 XRP as SEC Demands $1.95B Fine
The U.S. Securities and Exchange Commission (SEC) recently submitted its initial remedies brief, proposed judgment, and accompanying exhibits in the Ripple case. Meanwhile, the SEC’s recent filing proposing judgment has sparked interest among crypto market participants. In particular, the regulator explicitly requested that the court mandate Ripple to remit $1,950,768,364 in fines and penalties for...