SEC Doubles Down On $2B Ripple Labs Sanction Bid

By Jessica Corso (May 8, 2024, 7:42 PM EDT) -- The U.S. Securities and Exchange Commission is standing by its call for crypto platform Ripple Labs to pay $2 billion as punishment for selling unregistered securities, telling a New York federal judge that a lower penalty would send the wrong message to the industry at large....

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