2024-4-23 15:22 |
Ripple's Chief Legal Officer Stuart Alderoty firmly opposes SEC's demand for $2 billion penalty
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Crypto company Ripple has responded to the Securities and Exchange Commission’s (SEC) pursuit of nearly $2 billion in fines by advocating for a different approach. In a court filing dated April 22, Ripple proposed that the Court reject the SEC’s demands and instead impose a civil penalty not exceeding $10 million.
2024-4-23 13:55 | |
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Ripple Labs contests the SEC's proposed $2 billion fine, setting a potential industry precedent. They argue for a reduced penalty, citing broader sector implications. The post Ripple Officially Opposes Sec’s $2 Billion Fine in Ongoing XRP Lawsuit appeared first on BeInCrypto.
2024-4-23 13:00 | |
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Ripple Labs filed its opposition on Monday against the U.S. Securities and Exchange Commission's (SEC) proposal to ask a New York judge to impose a nearly $2 billion fine against the company behind the XRP Ledger blockchain.
2024-4-23 10:32 | |
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San Francisco-based company Ripple argues that the civil penalty should not exceed $10 million
2024-4-23 09:07 | |
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The U.S. SEC has proposed a $1.95 billion penalty against Ripple Labs, urging a New York court to assess the gravity of the company's actions.
2024-3-26 20:46 | |
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US SEC will be asking the Judge to impose a hefty fine of $2 billion on Ripple The penalty request is made concerning the institutional sale of XRP, which the Judge found was a breach of law The post US SEC seeks $2 billion in fines and penalties from Ripple appeared first on AMBCrypto.
2024-3-26 22:54 | |
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Legal specialist Jeremy Hogan has detailed possible tactics Ripple could use to reduce a speculated SEC penalty of $770 million significantly. On Nov. 5, Hogan took to social media platform X to outline pivotal arguments that Ripple might leverage to…
2023-11-6 13:50 | |
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2022-12-29 18:07 | |
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The Commission and LBRY now find themselves at an impasse regarding the remedies the SEC can seek
2022-12-27 09:38 | |
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LBRY has requested that court hear oral argument for its motion
2022-12-23 17:35 | |
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