Ripple Labs chief financial officer says SEC is hunting for $2bn in fines
Ripple Labs, a technology and cryptocurrency company, must pay the United States Securities and Exchange Commission (SEC) a presumed $2 billion in fines. The news comes from Ripple Lab’s Chief Financial Officer (CFO), Stuart Alderoty, who took to social media to post about the impending action from the SEC: Ripple CFO on social mediaThe CFO of Ripple Labs would continue his comments on the proposed financial charges levied at the crypto giant in a four-post thread on X: “Our response will be filed next month, but as we all have seen time and again, this is a regulator that trades in statements...