SEC Slashes Ripple Penalty Demand to $102.6 Million Amid Legal Dispute
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The SEC has issued a formal reply to Ripple’s objection concerning the proposed penalty in their ongoing legal case. This response included a referenced penalty of $102.6 million for Ripple, significantly lower than the initial $2 billion requested. These developments come in the wake of a recent settlement involving Terraform Labs, which Ripple highlighted in
Source: CoinOtag
