Ripple Challenges $2B SEC Fine, Argues for $10M Maximum Penalty

Ripple, a cross-border payment protocol, disputed the SEC’s $2 billion fine request, advocating for a maximum penalty of $10 million. They argue the fine is excessive. Protocol for cross-border payments Ripple challenged the request of the United States Securities and Exchange Commission (SEC) to sanction the blockchain company $2 billion, arguing that the maximum penalty […]
