The lawsuit between Ripple Labs and the US Securities and Exchange Commission (SEC) continues. The SEC reduced the fine it requested against Ripple from $2 billion to $102.6 million. Ripple's legal team demanded a maximum penalty of $10 million. Meanwhile, David Hirsh, Chief of the SEC's Crypto Asset and Cyber ​​Unit, has resigned. Ripple is also facing another legal challenge in California, where its CEO Brad Garlinghouse is a defendant. However, there have been positive developments recently, with the company's general counsel stating that the NY ruling that XRP is not a security has not been overturned. Ripple's legal chief Stuart Alderoty and Garlinghouse took a clearly negative tone towards SEC chairman Gary Gensler. A response to Gensler's recent comments about cryptocurrencies also came from Alderoty. Alderoty stated that Gensler broke the law and exceeded his authority. 🏛️💼