SEC Rejects Ripple’s $10,000,000 Settlement Proposal, Says the Figure Would Not Satisfy Civil Penalty Statutes
18 Juin 2024 - 6:55PM
The Daily Hodl
The U.S. Securities and Exchange Commission (SEC) has clapped
back against Ripple’s latest bid to reduce the severity of its
fines. In a legal filing last week, the San Francisco payments
company pointed to the SEC’s recent $4.47 billion settlement with
Terraform Labs as a demonstration of the “unreasonableness” of the
civil penalty brought by […]
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SEC Rejects Ripple’s $10,000,000 Settlement Proposal, Says the
Figure Would Not Satisfy Civil Penalty Statutes appeared first
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Continue reading SEC Rejects Ripple’s $10,000,000
Settlement Proposal, Says the Figure Would Not Satisfy Civil
Penalty Statutes
The post
SEC Rejects Ripple’s $10,000,000 Settlement
Proposal, Says the Figure Would Not Satisfy Civil Penalty
Statutes appeared first on
The Daily Hodl.
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