Ripple is strongly challenging the SEC’s contention that the penalties imposed on the company should be influenced by its current financial status. Ripple firmly believes that its financial standing, which was evaluated years after the alleged violations, is irrelevant to the case. To bolster its argument, Ripple asserts that the court’s analysis should not be swayed by recent financial statements, and it cites legal precedents while advocating for the confidentiality of financial documents for privately-held companies. Stay up-to-date with the latest technology news by visiting NEWSLINKER.
