Ripple proposes $10M settlement to SEC’s $2B fine

Ripple has filed a court response to the Securities and Exchange Commission's (SEC) pursuit of nearly $2 billion in fines, advocating for a different approach. In the filing dated April 22, Ripple proposed that the Court reject the SEC's demands and instead impose a civil penalty not exceeding $10 million.Stuart Alderoty, Ripple's Chief Legal Officer, conveyed the company's stance in a... source: https://cryptobriefing.com/ripple-settlement-sec-fine/