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XRP Price Risks Falling To $0.42 As SEC and Lawyers Challenges Ripple On Penalties & Injunction

The U.S. Securities and Exchange Commission responded to Ripple Labs’ supplemental authority in opposition to SEC’s remedies request. The SEC and ex-SEC lawyers challenged Ripple and claimed that settlements are not comparable in penalty size to litigated cases. The updates sparked debate on potential remedies and speculation of whether XRP price to fall further.

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