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Reported: US Government Seeks 2 Billion in fines from Ripple Labs / Ripple leaves the U.S. market: Company hires in other countries Below excerpt reported by Godoy. J. (2024, March 24). US SEC seeks $2 billion from Ripple Labs, chief legal officer says. Reuters 'US SEC seeks $2 billion from Ripple Labs, chief legal officer says' 'March 25 (Reuters) - The U.S. Securities and Exchange Commission is seeking fines and penalties totaling $2 billion in its case against Ripple Labs over sales of the cryptocurrency XRP, the company's chief legal officer said in a social media post on Monday.' 'In posts on X, Ripple Chief Legal Officer Stuart Alderoty said the regulator has asked U.S. District Judge Analisa Torres in Manhattan for the penalties in court papers filed under seal. The SEC was scheduled to file the documents publicly with redactions on Tuesday.' To read full article, click here Below excerpt reported by Faleke. G. (2023, September 13). Ripple leaves the U.S. market: Company hires in other countries. Traders Union 'Ripple leaves the U.S. market: Company hires in other countries' 'Ripple CEO Brad Garlinghouse said authorities in other countries, notably Singapore, Hong Kong, the United Kingdom, and Dubai, are actively supporting the crypto industry and implementing clear rules and regulations for crypto companies.' To read full article, click here Image by Stas_kamensk on GoodFon and ebayink from Flickr Legal Disclaimer: INFYNIT is providing the content here for educational purposes only. All opinions are of the original author and not an opinion of INFYNIT or any of its affiliates.