Ripple challenges SEC’s $2 billion fine, proposes $10 million settlement instead

Crypto company Ripple has responded to the Securities and Exchange Commission’s (SEC) pursuit of nearly $2 billion in fines by advocating for a different approach. In a court 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 […]

The post Ripple challenges SEC’s $2 billion fine, proposes $10 million settlement instead appeared first on CryptoSlate.