After paying Binance a $4.3 billion fine, the SEC is preparing to impose a $2 billion fine on XRP (ripple).
However, unlike Binance, Ripple did not choose to compromise and instead engaged in a long legal battle with the SEC. Since the SEC sued Ripple in 2020, the two sides have been engaged in legal battles for four years. According to the current attitudes of both parties, this lawsuit will continue.
The SEC is like a hungry wolf that wants to take a bite of everyone it sees, while Ripple is like a flat-headed brother who takes life and death very lightly. If he expresses dissatisfaction, he will fight and cannot easily succumb to fines.
