Replies to post #36089 on Ripple (XRPUSD)

[europa7]

Ripple Cites New Terraform Labs Settlement in a Bid To Convince the Court To Lower the SEC’s Civil Penalty
https://dailyhodl.com/2024/06/15/ripple-cites-new-terraform-labs-settlement-in-a-bid-to-convince-the-court-to-lower-the-secs-civil-penalty/

"...In March, the SEC asked the court to order the firm to pay $876,308,712 in disgorgement, $198,150,940 in prejudgment interest, and a $876,308,712 civil penalty, which totals around $1.95 billion.

Ripple’s lawyers have argued that $10 million would reflect an appropriate percentage of the company’s actual gross revenues from pre-complaint institutional sales..."