The SEC has accused Ripple of selling unregistered securities in 2020..Although traditionally the SEC has demanded a lower penalty i.e., <15%..For Ripple, it seeks a 300% penalty, i.e., $2 billion.A similar penalty of 73% was imposed on TON Coin.Netizens and the crypto community call it an abuse of power.Learn more
The SEC has accused Ripple of selling unregistered securities in 2020..Although traditionally the SEC has demanded a lower penalty i.e., <15%..For Ripple, it seeks a 300% penalty, i.e., $2 billion.A similar penalty of 73% was imposed on TON Coin.Netizens and the crypto community call it an abuse of power.Learn more