Ripple Challenges SEC's $2 Billion Fine In Regulatory Battle.

Ripple, known for its digital asset XRP, has stood firm against what it perceives as intimidation tactics by the SEC. Rather than succumbing to the jaw-dropping penalty figure, Ripple has signaled its willingness to pay approximately $10 million, a far cry from the SEC's initial demand.

In a recent episode of Crypto Law, Jeremy Hogan delved into the ongoing XRP SEC lawsuit and speculated on its potential outcome. He began by emphasizing the role of luck in legal battles, highlighting Ripple's fortunate draw of Judge Torres for its case.

The Ripple FinTech company is making a bold move in the market. While fighting the U.S. Securities and Exchange Commission (SEC) in court, they proposed a $10 million cover for the legal charges.

As Ripple challenges the SEC's $2 billion demand, is the tide of public opinion turning against the regulator, fueled by frustrations within the crypto community? In the ongoing legal tussle between Ripple (XRP) and the U.S.

In a legal clash that has captured the attention of the cryptocurrency community, Ripple Labs, the company behind the digital asset XRP, is pushing back against the Securities and Exchange Commission's (SEC) demand for a staggering $2 billion in penalties. The SEC alleges that Ripple unlawfully raised $1.3 billion through the sale of XRP, claiming it to be an unregistered security.