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Ripple's Legal Chief Says SEC Wants $2B In Remedies

By Aislinn Keely (March 25, 2024, 6:41 PM EDT) -- The CEO and legal head of blockchain firm Ripple Labs said Monday that the U.S. Securities and Exchange Commission plans to seek $2 billion in fines and penalties over the firm's failure to register institutional sales of its XRP token, but the firm plans to strike back at the high dollar amount....

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