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CoinOtag 2024-06-17 20:02:18

Ripple’s XRP Penalty Clash With SEC: From $2 Billion Demand to $102.6 Million Offer

The legal tussle between Ripple Labs and the US Securities and Exchange Commission (SEC) has intensified. The core issue revolves around whether XRP, Ripple’s cryptocurrency, should be classified as a security. Stuart Alderoty, Ripple’s Chief Legal Officer, has been vocal, questioning the SEC’s motives and the legitimacy of their claims. A heated legal battle between

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