Ripple Refutes SEC’s $1.95B Fine, Argues $10M is Sufficient

Ripple’s challenge to the SEC’s proposed fine highlights the ongoing struggle between regulatory bodies and the crypto industry. With the company arguing that a $1.95 billion penalty is excessive and disproportionate, the case sheds light on the complexities of regulating digital assets.

As the legal battle continues, the outcome will have significant implications for the future of crypto regulation in the United States and beyond.

Stay tuned for more updates on this developing story as Ripple and the SEC navigate this high-stakes legal dispute.