Judge Agrees To Delay $125,000,000 Penalty in SEC v. Ripple Lawsuit, Opening the Door to a Possible Appeal
A judge has agreed to delay enforcing the $125 million civil penalty imposed on Ripple, cracking open the door for ...
Tag: Penalty
SEC Rejects Ripple’s $10,000,000 Settlement Proposal, Says the Figure Would Not Satisfy Civil Penalty Statutes
The U.S. Securities and Exchange Commission (SEC) has clapped back against Ripple’s latest bid to reduce the severity of its ...
SEC shoots down Ripple’s argument for a lower penalty
The SEC argued Ripple’s proposed lower civil penalty wouldn’t be enough, and there’s no comparison to its settlement with Terraform ...
Ripple Cites New Terraform Labs Settlement in a Bid To Convince the Court To Lower the SEC’s Civil Penalty
Ripple is pointing to the recent Terraform Labs settlement in a bid to reduce their own penalty from the U.S. ...
Ripple invokes SEC v. Terraform case, argues for smaller civil penalty
The blockchain firm’s case with the SEC has been ongoing since December 2020, when the regulator alleged Ripple used XRP ...
SEC Looking for $5,300,000,000 Penalty Against Terra-Founder Do Kwon, Alleging ‘Brazen Misconduct’: Report
The U.S. Securities and Exchange Commission (SEC) is reportedly looking to hit the disgraced founder of the Terra ecosystem with ...
US regulator seeks $5bn penalty against Do Kwon and Terraform Labs
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The US ...
Ripple To File Response to SEC’s $2,000,000,000 Penalty Request Within a Week, Says the Payments Firm’s CLO
Ripple’s chief legal officer (CLO) Stuart Alderoty says the payments company is taking action in response to a court filing ...
JPMorgan Chase Paying $348,200,000 Penalty, Issued Cease-and-Desist Order Over ‘Unsafe or Unsound’ Banking Practices
The Federal Reserve and the Office of the Comptroller of the Currency (OCC) are hitting banking giant JPMorgan Chase with ...
Crypto Lender Genesis Agrees to $21 Million Civil Penalty To Settle Gemini Earn SEC Lawsuit: Report
Bankrupt crypto lender Genesis is reportedly agreeing to pay a $21 million civil fine to settle with the U.S. Securities ...