Ripple Labs, the cryptocurrency group accused of selling unregistered securities, is to launch a stablecoin as a revival in the price of bitcoin draws investors back to the digital asset market.
"[On the other hand,] last month the SEC filed for $2b in penalties from Ripple for selling unregistered securities."
https://www.ft.com/content/0b2eadcf-b3b8-40c0-922a-a1abf7f5f15e