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Ripple Cites Terraform Fine In Call To Limit SEC Penalty

Ripple Labs Inc. says the U.S. Securities and Exchange Commission's recent settlement with fellow crypto firm Terraform Labs, with the company agreeing to pay a $420 million civil penalty, is further proof of the "unreasonableness" of the agency's request that it be made to pay a much larger fine for activities that did not amount to fraud.

SEC's Gensler Rethinking AI Advising, Crypto Custody Regs

U.S. Securities and Exchange Commission Chair Gary Gensler told senators Thursday that the agency could rewrite a pair of proposals governing broker-dealers' use of artificial intelligence and the handling of customers' cryptocurrency assets in the wake of "robust" feedback from both supporters and naysayers.

SEC Shutters Salt Lake Office, Shifts Cases To Denver

The U.S. Securities and Exchange Commission said on Tuesday that it will close its Salt Lake City office for budgetary and organizational purposes, saying that the caseload of the office, which among other things handled the troubled Debt Box case, will now be handled by staff in Denver.

'Not Us At Our Best:' SEC's Top Cop Talks Debt Box Error

Judge Reluctantly Dismisses FirstEnergy Shareholder Suit