Alderoty wrote that the company will file its response to the SEC’s motion next month, adding “As we all have seen time and time again, this is a regulator that trades in statements that are false, mischaracterized and designed to mislead … Rather than faithfully apply the law, the SEC remains bent on wanting to punish and intimidate Ripple – and the industry at large. We trust the Court will approach the remedies phase fairly.”
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- Source: https://www.coindesk.com/policy/2024/03/25/garlinghouse-says-sec-to-press-judge-for-2b-in-fines-and-penalties-in-ripple-case/?utm_medium=referral&utm_source=rss&utm_campaign=headlines