Ripple CLO to SEC: No Victim to Compensate

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11 months ago bitnews

Ripple Chief Legal Officer Stuart Alderoty has fired back at the SEC’s recent response to Ripple’s supplementary authority letter. This letter contested the SEC’s request for a $2 billion penalty. Ripple argued that this figure was disproportionate, citing the TerraForm Labs case as a reference point. The TerraForm Labs settlement involved a disgorgement of over The post Ripple CLO to SEC: No Victim to Compensate appeared first on Times Tabloid – Latest Cryptocurrency News, Bitcoin (BTC) News, Ethereum (ETH) News, Shiba Inu (SHIB) News, Ripple’s XRP News .