If the Ripple vs. SEC case controversies and legal setbacks weren’t enough for the SEC, they would have embroiled the XRP community again with raging penalty charges. SEC v. Ripple will move on to the remedies phase shortly. A hearing to establish the proper sanction for Ripple’s illegal sales of $770 million worth of XRP to institutional investors is forthcoming.
Now the cards are open, Ripple and the U.S. Securities and Exchange Commission (SEC), the upcoming “remedies phase” is…