🥶🥶🥶🥶Ripple's legal chief: SEC has asked Ripple to pay $2 billion in fines🚨🚨🚨🚨
On March 25, Ripple's head of legal affairs, Stuart Alderotti, announced that the SEC will release its lawsuit on Tuesday, March 26, asking a judge to award Ripple $2 billion in fines and damages. Instead of enforcing the law, Alderotti said the SEC is looking to punish and threaten Ripple and the cryptocurrency industry in general. Ripple CEO Brad Garlinghouse said the SEC has repeatedly acted outside the law, which has been criticized by judges.