SEC Asks Judge To Order Ripple To Pay Nearly $2,000,000,000 in Fines and Penalties

The U.S. Securities and Exchange Commission (SEC) has asked a judge to order Ripple to pay nearly $2 billion in fines and penalties. The SEC first sued the payments company in late 2020 for allegedly selling XRP as an unregistered security. Last summer, US District Judge Analisa Torres ruled that Ripple’s automated, open-market sales of […] source: https://dailyhodl.com/2024/03/27/sec-asks-judge-to-order-ripple-to-pay-nearly-2000000000-in-fines-and-penalties/