🚨BREAKING NEWS: SEC Wants Ripple (XRP) to Pay a $2 Billion Fine!
According to the latest information, the US Securities and Exchange Commission (SEC) will demand a fine worth $2 billion from Ripple Labs as of tomorrow. SEC has been working to corner Ripple (XRP) for a long time.
Ripple Chief Legal Officer Stuart Alderoty recently published the following statements on this issue on his official X/Twitter account.
He shared this exactly.
The SEC's briefing will be made public tomorrow. Tomorrow you will see the SEC requesting a $2 billion fine from the Judge.
Ripple's response will be available next month. But as we have all seen time and time again, this is a regulator that is mischaracterized and makes statements designed to mislead.
Rather than faithfully enforcing the law, the SEC is determined to punish and intimidate Ripple and the industry in general.
We believe that the court will approach the solution phase fairly.”
According to the latest information, the US Securities and Exchange Commission (SEC) will demand a fine worth $2 billion from Ripple Labs as of tomorrow. SEC has been working to corner Ripple (XRP) for a long time.
Ripple Chief Legal Officer Stuart Alderoty recently published the following statements on this issue on his official X/Twitter account.
He shared this exactly.
The SEC's briefing will be made public tomorrow. Tomorrow you will see the SEC requesting a $2 billion fine from the Judge.
Ripple's response will be available next month. But as we have all seen time and time again, this is a regulator that is mischaracterized and makes statements designed to mislead.
Rather than faithfully enforcing the law, the SEC is determined to punish and intimidate Ripple and the industry in general.
We believe that the court will approach the solution phase fairly.”
