From Investing.com – March 25, 2024:

The U.S. SEC seeks $2 billion in fines from Ripple Labs for alleged cryptocurrency sales. Ripple plans to appeal after a ruling that XRP sales were unlawful. The SEC and Ripple legal battle since 2020 has deep implications for crypto industry regulation. Supporters argue digital assets should be regulated differently.

Read more at Investing.com: SEC seeks $2 bln from Ripple Labs over XRP sales, legal officer says By Investing.com