The U.S. Securities and Exchange Commission (SEC) is now pursuing a $102.6 million penalty from Ripple, a substantial reduction from the nearly $2 billion originally sought. Ripple recently proposed a $10 million penalty, citing the Terraform Labs settlement as justification. However, the SEC countered that such a low penalty “would not satisfy the purposes of […]
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Michael Saylor Rejects Report of New Strategy Bitcoin Sale Approval
Key TakeawaysSaylor identified the reported $5 billion authorization as old news.The June framework permits bitcoin sales but requires none.Earlier sales...
