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SEC shoots down Ripple’s argument for a lower penalty

June 17, 2024 by DIGIT
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The SEC argued Ripple’s proposed lower civil penalty wouldn’t be enough, and there’s no comparison to its settlement with Terraform Labs.

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Categories Case, civil suit, court case, Lawsuit, penalty, Ripple, SEC, Terraform
Ripple Legal Chief Countered SEC Allegations: No Victims to Compensate
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  • binancecoinBNB(BNB)$658.30-1.34%
  • solanaSolana(SOL)$146.19-8.14%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.175947-7.15%
  • tronTRON(TRX)$0.273217-1.11%
  • cardanoCardano(ADA)$0.64-6.63%
  • bitcoinBitcoin(BTC)$105,178.00-2.44%
  • ethereumEthereum(ETH)$2,531.57-8.01%
  • tetherTether(USDT)$1.000.03%
  • rippleXRP(XRP)$2.15-4.00%
  • binancecoinBNB(BNB)$658.30-1.34%
  • solanaSolana(SOL)$146.19-8.14%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.175947-7.15%
  • tronTRON(TRX)$0.273217-1.11%
  • cardanoCardano(ADA)$0.64-6.63%
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  • bitcoinBitcoin(BTC)$105,178.00-2.44%
  • ethereumEthereum(ETH)$2,531.57-8.01%
  • tetherTether(USDT)$1.000.03%
  • rippleXRP(XRP)$2.15-4.00%
  • binancecoinBNB(BNB)$658.30-1.34%
  • solanaSolana(SOL)$146.19-8.14%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.175947-7.15%
  • tronTRON(TRX)$0.273217-1.11%
  • cardanoCardano(ADA)$0.64-6.63%
  • bitcoinBitcoin(BTC)$105,178.00-2.44%
  • ethereumEthereum(ETH)$2,531.57-8.01%
  • tetherTether(USDT)$1.000.03%
  • rippleXRP(XRP)$2.15-4.00%
  • binancecoinBNB(BNB)$658.30-1.34%
  • solanaSolana(SOL)$146.19-8.14%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.175947-7.15%
  • tronTRON(TRX)$0.273217-1.11%
  • cardanoCardano(ADA)$0.64-6.63%