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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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  • staked-etherLido Staked Ether(STETH)$2,530.15-1.77%
  • bitcoinBitcoin(BTC)$105,409.00-0.51%
  • ethereumEthereum(ETH)$2,530.97-1.80%
  • tetherTether(USDT)$1.000.00%
  • rippleXRP(XRP)$2.14-0.23%
  • binancecoinBNB(BNB)$645.45-1.43%
  • solanaSolana(SOL)$144.59-2.60%
  • usd-coinUSDC(USDC)$1.000.01%
  • dogecoinDogecoin(DOGE)$0.178197-0.89%
  • tronTRON(TRX)$0.2710790.28%
  • staked-etherLido Staked Ether(STETH)$2,530.15-1.77%
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  • bitcoinBitcoin(BTC)$105,409.00-0.51%
  • ethereumEthereum(ETH)$2,530.97-1.80%
  • tetherTether(USDT)$1.000.00%
  • rippleXRP(XRP)$2.14-0.23%
  • binancecoinBNB(BNB)$645.45-1.43%
  • solanaSolana(SOL)$144.59-2.60%
  • usd-coinUSDC(USDC)$1.000.01%
  • dogecoinDogecoin(DOGE)$0.178197-0.89%
  • tronTRON(TRX)$0.2710790.28%
  • staked-etherLido Staked Ether(STETH)$2,530.15-1.77%
  • bitcoinBitcoin(BTC)$105,409.00-0.51%
  • ethereumEthereum(ETH)$2,530.97-1.80%
  • tetherTether(USDT)$1.000.00%
  • rippleXRP(XRP)$2.14-0.23%
  • binancecoinBNB(BNB)$645.45-1.43%
  • solanaSolana(SOL)$144.59-2.60%
  • usd-coinUSDC(USDC)$1.000.01%
  • dogecoinDogecoin(DOGE)$0.178197-0.89%
  • tronTRON(TRX)$0.2710790.28%
  • staked-etherLido Staked Ether(STETH)$2,530.15-1.77%