Ripple Cites Terraform Fine In Call To Limit SEC Penalty <https://www.law360.com/capitalmarkets/articles/1847876?nl_pk=abe82add-2a33-4388-8f7e-63d76e8f5534&utm_source=newsletter&utm_medium=email&utm_campaign=capitalmarkets&utm_content=2024-06-17&read_main=1&nlsidx=0&nlaidx=5>
By Jessica Corso Ripple Labs Inc. says the U.S. Securities and Exchange Commission's recent settlement with fellow crypto firm Terraform Labs, with the company agreeing to pay a $420 million civil penalty, is further proof of the "unreasonableness" of the agency's request that it be made to pay a much larger fine for activities that did not amount to fraud. Letter attached | Read full article » <https://www.law360.com/capitalmarkets/articles/1847876?nl_pk=abe82add-2a33-4388-8f7e-63d76e8f5534&utm_source=newsletter&utm_medium=email&utm_campaign=capitalmarkets&utm_content=2024-06-17&read_more=1&nlsidx=0&nlaidx=5> | Save to favorites » <https://www.law360.com/capitalmarkets/articles/1847876?nl_pk=abe82add-2a33-4388-8f7e-63d76e8f5534&utm_source=newsletter&utm_medium=email&utm_campaign=capitalmarkets&utm_content=2024-06-17&read_later=1&nlsidx=0&nlaidx=5>
