The U.S. Securities and Exchange Commission has filed a supplemental authority letter in the remedies phase of its case against Ripple, updating its arguments on penalties and injunctive relief, according to Techub, citing NewsBTC. The filing is meant to reinforce the regulator’s position on holding Ripple accountable for conduct the SEC says was unlawful.
The case remains in its later stage. Ripple had already pushed back on the SEC’s requested remedies, arguing they were too harsh. The new filing adds another development to the ongoing court fight between the regulator and Ripple.
Techub said the eventual ruling could affect sentiment around XRP and shape how future crypto enforcement cases are negotiated. No additional details on the contents of the filing were disclosed in the brief report.
The U.S. Securities and Exchange Commission has submitted a supplemental authority filing in the remedies phase of its case against Ripple, updating its arguments over penalties and injunctive relief, according to Techub, which cited NewsBTC.
The report said the move is intended to strengthen the regulator’s stance on holding Ripple accountable for what it describes as unlawful conduct. The case is still in its later stage. Ripple had previously opposed the SEC’s requested remedies, arguing they were overly harsh. Techub said the final ruling could influence sentiment around XRP and the negotiation pattern for future crypto enforcement cases.
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