SEC Rejects Ripple’s Appeal Against $2 Billion Fine

The US Securities and Exchange Commission (SEC) has rejected Ripple’s plea to reduce its $2 billion penalty. Ripple referenced Terraform Labs’ case to argue for a lesser penalty, which SEC refuted, stating the scenarios were entirely different. “Ripple is not agreeing to any proposed conditions,” said the SEC lawyers, marking a stark difference from the

Source: CoinOtag