SEC Seeks $2 Billion Fines from Ripple: Executives Slam Regulator's Actions

The SEC's aggressive stance has drawn sharp criticism from Ripple's top brass, who have characterized the regulator's actions as unjustified and disproportionate. Garlinghouse lambasted the SEC for pursuing hefty penalties despite the absence of any allegations of fraud or recklessness against Ripple. Sentiment Result

The SEC's aggressive stance has drawn sharp criticism from Ripple's top brass, who have characterized the regulator's actions as unjustified and disproportionate. Garlinghouse lambasted the SEC for pursuing hefty penalties despite the absence of any allegations of fraud or recklessness against Ripple.