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 The U.S. SEC has asked a New York judge to impose a fine of $1.95 billion on Ripple Labs.
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 In a significant development, the U.S. Securities and Exchange Commission (SEC) has made a bold move by requesting a New York judge to impose a substantial fine of $1.95 billion on Ripple Labs. This request, detailed in court filings, outlines a proposed fine consisting of $876 million in disgorgement, $198 million in prejudgment interest, and an additional $876 million in civil penalties.