U.S. SEC Fires Back at Ripple, Seeks Hefty Fines and Injunctions in Ongoing Lawsuit

The U.S. Securities and Exchange Commission (SEC) has firmly opposed Ripple’s claim that it should pay significantly lower fines in the ongoing legal dispute over the sale of XRP tokens. In a recent court filing, the SEC argued that Ripple’s proposed penalty of around $10 million would be a mere “slap on the wrist” compared […]