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Latest Ripple News and Insights | Yellow.com
Trust Yellow.com for the latest and most reliable Ripple news and insights. Stay informed with accurate updates, expert analyses, and comprehensive articles on Ripple trends and market movements.
News
SEC rejects Ripple's proposal for a $10 million fine, demanding $2 billion
May 09, 2024
The US Securities and Exchange Commission (SEC) has rejected Ripple Labs' proposed $10 million fine for selling XRP to institutional investors, insisting on a $2 billion penalty. The SEC believes that Ripple's proposed punishment is too lenient. In December 2020, the SEC filed a lawsuit against Ripp
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