The SEC is now seeking a $102.6 million fine from Ripple in the XRP case
The US Securities and Exchange Commission (SEC) is now pursuing a $102.6 million fine from Ripple, a reduction of nearly $2 billion from what was originally sought. Ripple recently filed a $10 million fine, citing the Terraform Labs deal as proof. However, the SEC objected that such a lower penalty would not “satisfy the objectives.” […]