Alderoty wrote that the company will file its response to the SECโs motion next month, adding “As we all have seen time and time again, this is a regulator that trades in statements that are false, mischaracterized and designed to mislead โฆ Rather than faithfully apply the law, the SEC remains bent on wanting to punish and intimidate Ripple โ and the industry at large. We trust the Court will approach the remedies phase fairly.”
Garlinghouse Says SEC to Press Judge for $2B in Fines and Penalties in Ripple Case
