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

[Gunnar Larson]

Ripple's Legal Chief Says SEC Wants $2B In Remedies
<https://www.law360.com/newyork/articles/1817415?nl_pk=ac5a3855-e47c-4403-bee6-ca14f9bcf831&utm_source=newsletter&utm_medium=email&utm_campaign=newyork&utm_content=2024-03-26&read_main=1&nlsidx=0&nlaidx=4>

By Aislinn Keely

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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