SEC Seeks $2 Billion From Ripple in Ongoing Lawsuit Over Crypto Sales
- SEC seeking $2 billion in penalties from Ripple Labs
- Lawsuit ongoing since 2020 alleging Ripple sold unregistered securities
- Judge ruled some Ripple sales were unregistered securities, others not
- Ripple CEO calls SEC "very hostile," says Chair is a "political liability"
- SEC has targeted other crypto exchanges and lenders with similar lawsuits
