Ripple Faces Record SEC Penalty Amid Ongoing Legal Battle: What You Need to Know

The legal showdown between Ripple and the SEC dates back to late 2020, when the regulatory agency first initiated legal proceedings against the cryptocurrency firm. Since then, the case has been mired in a complex web of legal arguments, with key issues such as the so-called Hinman documents and the application of the Howey test taking center stage.


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