Garlinghouse Says SEC to Press Judge for $2B in Fines and Penalties in Ripple Case

Alderoty wrote that the corporate will file its response to the SEC’s movement subsequent month, including “As all of us have seen time and time once more, it is a regulator that trades in statements which can be false, mischaracterized and designed to mislead … Relatively than faithfully apply the legislation, the SEC stays bent on eager to punish and intimidate Ripple – and the business at massive. We belief the Court docket will method the cures section pretty.”