Key Decision in Ripple vs SEC Lawsuit Could Significantly Impact XRP (XRP): A Critical Analysis

• The US Securities and Exchange Commission (SEC) has submitted a sealed response summary in the Ripple case.
• Ripple had objected to the SEC’s request for a penalty of approximately $2 billion on April 22, arguing that the fine should not exceed $10 million.
• Lawyer Bill Morgan believes whether a restraining order will be issued against Ripple is more important than the amount of the fine.

The SEC has submitted a sealed response in the ongoing Ripple case, with the content of the response expected to be revealed on May 8. The outcome could have significant implications for Ripple and the broader cryptocurrency market.

SEC Submits Sealed Response in Ripple Case

The US Securities and Exchange Commission (SEC) has submitted a sealed response summary in the Ripple case. This comes after Ripple objected to the SEC’s request for a penalty of approximately... Read the full article for FREE at COINOTAG!