From Investing.com:

The U.S. Securities and Exchange Commission has intensified its legal actions against Labs Inc., seeking access to Ripple’s financial records and sales contracts. The SEC insists that the documents are crucial for determining penalties and ensuring future compliance. Ripple may have to rethink its sales strategy for XRP, as legal experts debate possible fines ranging from under $200 million to $3 billion. The price of XRP currently stands at $0.51231.



Read more: SEC seeks financial records and sales details from Ripple Labs By Investing.com