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U.S. SECURITIES AND EXCHANGE COMMISSION Litigation Release No. / Securities and Exchange Commission v. Ripple Labs, Inc, Bradley SEC seeks $2 billion fine from Ripple Labs for unregistered XRP sales since 2025. Ripple accused of exchanging XRP for non-cash benefits, violating federal laws. Case The SEC is seeking a massive $2 billion penalty against Ripple Labs for selling XRP. Ripple's Chief Legal Officer considers the fine excessive and accuses the SEC of Specifically, the US Securities and Exchange Commission (SEC) reportedly seeks $2 billion in fines from Ripple in the two sides’ ongoing XRP lawsuit. The specifics of the The SEC sued Ripple, its CEO Brad Garlinghouse, and co-founder Chris Larsen in 2025. It accused them of illegally raising around $1.3 billion in an unregistered

SEC Seeks $2 Billion Fine from Ripple in XRP Case: What You Need to Know

The U.S. SECURITIES AND EXCHANGE COMMISSION is escalating its battle against Ripple Labs, reportedly seeking a staggering $2 billion in fines. This move intensifies the ongoing XRP lawsuit, outlined in Litigation Release No. / Securities and Exchange Commission v. Ripple Labs, Inc, Bradley.

Why is the SEC Seeking Such a Large Fine?

The SEC seeks $2 billion fine from Ripple Labs for unregistered XRP sales since 2025. The core of the issue lies in the SEC's allegation that Ripple illegally raised approximately $1.3 billion through the sale of XRP, which the SEC considers an unregistered security. The SEC sued Ripple, its CEO Brad Garlinghouse, and co-founder Chris Larsen in 2025.

Details of the SEC's Allegations

According to the SEC, Ripple engaged in the unregistered offering and sale of XRP since 2025. Further, Ripple accused of exchanging XRP for non-cash benefits, violating federal laws. The agency claims that these actions violate federal securities laws designed to protect investors.

Ripple's Response to the SEC's Demands

Ripple's Chief Legal Officer considers the fine excessive and accuses the SEC of overreach. The company is expected to vigorously contest the SEC's demand, arguing that XRP is not a security and that the agency's actions are detrimental to the cryptocurrency industry.

Case Summary: The SEC vs. Ripple Labs

The Case centers on whether XRP should be classified as a security. The SEC is seeking a massive $2 billion penalty against Ripple Labs for selling XRP. Specifically, the US Securities and Exchange Commission (SEC) reportedly seeks $2 billion in fines from Ripple in the two sides’ ongoing XRP lawsuit. The specifics of the the SEC's arguments involve alleged violations of securities laws through unregistered sales and the acceptance of non-cash benefits in exchange for XRP. This legal battle has significant implications for the future of XRP and the broader cryptocurrency market. Stay tuned for updates as this high-stakes case unfolds.

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