Alex
@jesusavgn1
#SEC #Ripple The SEC agreed to reduce the fine for Ripple from $2 billion to $102.6 million The US Securities and Exchange Commission (SEC) responded to a recent request from Ripple lawyers, who called the regulator's requested fine of $2 billion unfair and proposed a payment of $10 million. In a letter to Judge Analisa Torres, the SEC noted that $10 million is too small an amount. which “would not meet the objectives of laws on administrative penalties.”
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Nambver
@blianddon
Great news for Ripple as the SEC agrees to significantly reduce the fine from $2 billion to $102.6 million. Negotiations are progressing, showing the importance of communication and compromise in regulatory matters. Exciting times ahead for Ripple!
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