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Ripple Chief Legal Officer says that SEC seems to have abandoned its “absurd demand” of a $2 billion penalty. The SEC’s latest reply to the judge suggests a fine of The new development entails the US Securities and Exchange Commission extracting $2 billion from Ripple as a penalty, which has been dubbed “exploitative” by many It may also trigger a “mass exodus,” harming XRP price prospects. How backward has the SEC got this? It wants $2 billion from Ripple, which would require Ripple to The SEC’s unprecedented $2 billion demand has triggered a plethora of latest reactions inside the XRP neighborhood. The brand new improvement entails the US Securities and Change Fee Criticizing the SEC’s current stance, notable lawyer Jeremy Hogan shared a new XRP probability. Hogan outlined how the SEC’s “backward demand” may prove detrimental to the XRP price. “It The SEC’s unprecedented $2 billion demand has triggered a plethora of new reactions within the XRP community. The new development entails the US Securities and The SEC’s unprecedented $2 billion demand has triggered a plethora of new reactions within the XRP community. The new development entails the US Securities and Exchange Commission extracting $2 billion from Ripple as a penalty, which has been dubbed “exploitative” by many analysts and investors within the XRP community. The new SEC-XRP

Ripple Under Pressure: Will the SEC's $2 Billion Demand Trigger an XRP Mass Exodus?

The crypto world is buzzing with concerns about the potential impact of the SEC's $2 billion demand on Ripple and the future of XRP. This unprecedented request has sparked outrage and speculation within the XRP community, raising serious questions about the token's stability.

Ripple Chief Legal Officer says that SEC seems to have abandoned its “absurd demand” of a $2 billion penalty. But what does this mean for XRP holders? The SEC’s latest reply to the judge suggests a fine of $2 billion, a figure many consider excessive and potentially damaging. The new development entails the US Securities and Exchange Commission extracting $2 billion from Ripple as a penalty, which has been dubbed “exploitative” by many analysts and investors within the XRP community.

The fear is that this hefty penalty could trigger a “mass exodus,” harming XRP price prospects. How backward has the SEC got this? It wants $2 billion from Ripple, which would require Ripple to significantly deplete its reserves. The SEC’s unprecedented $2 billion demand has triggered a plethora of latest reactions inside the XRP neighborhood.

The brand new improvement entails the US Securities and Change Fee extracting $2 billion from Ripple as a penalty. Criticizing the SEC’s current stance, notable lawyer Jeremy Hogan shared a new XRP probability. Hogan outlined how the SEC’s “backward demand” may prove detrimental to the XRP price. “It… The SEC’s unprecedented $2 billion demand has triggered a plethora of new reactions within the XRP community.

The new development entails the US Securities and The SEC’s unprecedented $2 billion demand has triggered a plethora of new reactions within the XRP community. The new development entails the US Securities and Exchange Commission extracting $2 billion from Ripple as a penalty, which has been dubbed “exploitative” by many analysts and investors within the XRP community. The new SEC-XRP saga continues to unfold, and the future of XRP hangs in the balance. Keep up to date with the very latest news here.

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