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

The U.S. Securities and Alternate Payment spoke back to Ripple Labs’ supplemental authority in opposition to SEC’s remedies question. The SEC and ex-SEC lawyers challenged Ripple and claimed that settlements are no longer linked in penalty size to litigated cases. The updates sparked debate on possible remedies and speculation of whether XRP label to fall further.