A recent filing has shown that the SEC was not yet done with Ripple and also wants the company to be fined for offering securities.
The latest filing from the SEC challenged some of Ripple’s positions and advocated for injunctions against the company. Amidst this legal battle, XRP has recently reverted to a bearish trend.in the lawsuit’s remedies stage. In its response, the SEC challenged Ripple’s claim that it acted without recklessness.
Consequently, the SEC argued that its assurances about changing its behavior post-lawsuit do not warrant avoiding injunctions.
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